Boutique Hotel Conversion

Boutique hotel conversion of a building in the historical center of a major Siberian city
The Business
An investor is being sought to convert an existing office block of 1600 sq.m. into a business hotel. The proposed structure is an independent part of the city’s largest business center with an excellent location and accessibility. Top tenants of the business center are international, federal and regional companies that host many business travelers.

The owner of the structure will either sell or lease and the investment to convert the structure into a hotel is estimated at $700,000. The anticipated pay back period for an investment is three years under a lease scheme.
Market
The Company is seeking an equity investor for a major share in the project. The Company will carry out all technical and conceptual support on the reconstruction stage including relationships with authorities and local suppliers and contractors. The Company will provide the professional hotel management after the opening.
Sector: Real Estate
Segment: Hotel Conversion
Region: Russia
Financing Size: $1m to $5m
Contact: Mikhail Kolesnik
Company: BrokerCom
Telephone: —
Email: [email protected]