Translated:
For sale: The premises and business of a hotel ideally located south of Montpellier, close to the motorway and business parks. The establishment is perfectly suited to a diverse clientele: professionals, workers, salespeople, and business tourists.
Main features:
Useful area: ˜ 1,000 m2
Total plot: ˜ 2,579 m2
Capacity: 61 rooms spread over 3 levels
Recent works (2018):
Renovation of facade and parking lots
Replacement of joinery
Extension of the usable surface area
Installation of electric charging stations
Current occupancy rate: 55 – 60%
Additional information:
Sale of Walls and Funds
Healthy establishment with strong development potential
Letter of interest required to receive the complete file and financial data
Investment advantages:
Hotel operational, immediately usable
Strategic location near Montpellier, direct motorway access
Diverse clientele (business, workers, local tourism)
Secure investment with the possibility of optimizing returns
Financial projections (estimates)
1. Property dealers – Resale by unit
Scenario: transformation into a service residence or coliving, resale in lots
Montpellier South market price: €3,000 – €3,800/m2
Potential resale value: between €3 million and €3.8 million
Gross margin: 15 to 35% after work and marketing
2. Investors – Long Term Rental (Hotel operated)
61 rooms
Average long-stay rent: €450 – €550/month/room
Estimated annual rental income: €330,000 – €400,000
Estimated gross yield: 12 – 15%
3. Investors – Short Term Rental (Hotel Operation)
Average price/night: €55 – €70
Current occupancy rate: 55 – 60% (potential 70% with optimization)
Estimated annual rental income: €700,000 – €930,000
Estimated gross yield: 27 – 35%
Location: Near Montpellier South – Hérault (34)
Selling price: €2,600,000 net seller 5% agency fees excluding tax payable by the purchaser
Ad reference: P
Ideal for hotel investors, property dealers, operators of student residences, coliving or tourist residences.
Services
No information available;,