It is located in Han Kaeo, Chiang Mai and was completed in May 2008. You can buy this hotel for a base price of $348,000 ($72/Sqft).
Land, room-rental business and property. Property consists of two apartment blocks, built in matching style with combined 26 individual ensuite rooms and shared covered parking. There are 8 air-con rooms and 18 fan rooms. All rooms partly furnished with bed, wardrobe, hot shower. Location next to Chiang Mai North University in Hang Dong. The apartments have their own private entrance to the campus, meaning tenants don't need transport. Close to 7-11, restaurants, laundry, Big C. Price includes the land, property and business. All tenant contracts will be transferred to the new owner. Current tenants are a mix of students & teachers. Ideal low-maintainence business with 100% ownership of the land and property.
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