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Small 8 Unit Hotel in City

24,500,000 THB

For Sale

Mueang Chiang Mai, Chiang Mai

House, RESIDENTIAL
Property Type

8
Bedrooms

8
Bathrooms

800
Sq.m

100
Lot Sq.wah

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For Sale

Small 8 Unit Hotel in City

Mueang Chiang Mai, Chiang Mai

24,500,000 THB

Description

Nestled in the heart of Chiang Mai, this unique property offers an enticing investment opportunity as a serviced apartment or small hotel. The three-story building comprises six spacious apartments – four one-bedroom and two two-bedroom units. The prime location, just behind Kasikorn Bank, places guests within easy walking distance of popular attractions like the Night Bazaar and Walking Street Markets, making it ideal for visitors without personal transportation. These apartments stand out due to their ample space and comprehensive amenities, including full kitchens, separate living rooms, and spacious balconies or private gardens. Currently operated as a small hotel with daily rates ranging from 1,600 to 4,000 baht per night depending on season and demand. This property presents a turnkey opportunity in Chiang Mai’s thriving hospitality market.