Description
12 Bedroom Hotel For Sale in
Myoko Ski Resort
JPY 285,000,000
About The Address Akakura Hotel, Myoko Ski Resort
The Address, Akakura is one of the most prestigious hotels in the area and was voted the #1 hotel in Myoko Ski Resort this year, for the 3rd consecutive year. It is now the top rated boutique hotel in Akakura Onsen in Myoko. The Address Akakura is a 4 star Japanese influenced hotel which has been entirely renovated from the ground up, with work finishing in January 2018. The hotel has been transformed into 12 fully operational bespoke hotel apartments, all featuring ensuites and kitchenettes. Additionally the men’s and women’s onsen have been updated and an onsite café, restaurant and bar area have been created. The hotel comes with a fully equipped ski/dry room, staff changing area and storage area for additional food, alcohol, and stock. There is also a manager’s office and apartment in the building.
With the unique style of accommodation as hotel apartments coupled with having a café, bar, restaurant, and Onsen’s all under one roof, the hotel is extremely convenient and highly sought after by both local and foreign visitors bookings being received a year in advance, year on year. The Address Akakura hotel apartments building is ideally located on the main street of
Akakura Onsen and is a short walk to 2 of the main chair lifts in Akakura Onsen and Akakura Kanko resorts. The hotel is also just meters from quality ski rental shops, restaurants, bars, and convenience stores both next door and directly across the road from the hotel.
Most of the hotels’ revenue is made up of repeat booking with clients returning year-on-year for their winter vacation. The hotel is consistently 50-60% booked for the following winter season by the end of March of the current season and this percentage is increasing yearly. In fact, this year, the hotel had to open the bookings for the 2023/24 season in June 2022 due to high demand.
This is a fantastic opportunity to buy an established boutique hotel which has been fully renovated, modernised and styled into a luxury, international hotel. Full financials are available on request.
Facts at a Glance
12 Double Bedrooms with Kitchenettes | Completely Renovated & Modernised |
12 Ensuite Bath/Shower Rooms | Close to the Slopes |
Ski Room + Men’s/Women’s Onsen | Café, Restaurant & Bar |
2 Hours & 30 Minutes from Tokyo | Parking |
Facts at a Glance
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Renovations
Renovations include the following:
- The conversion of 16 tatami rooms into 12 bespoke hotel apartments.
- The men and women’s onsen have been upgraded.
- Addition of a café, restaurant & a bar area.
- Upgrade of ski room.
- Replacement of boiler, all associated mechanical equipment and plumbing.
- Replacement of electrical cubical, all associated electrical and operating equipment systems.
- Replacement of electrical/mechanical fire safety network and all associated fire
safety operating equipment. - Replacement of elevator and all associated operating equipment.
- Full renovation and remodelling of building interior and exterior
