This brand new Chiang Mai Serviced Apartment Block was only completed early this year (2006), and sits just off the main highway in Phrae. There are 50 guestrooms that are often utilised by travellers en route to Payao, Nan and other northern provincial areas. The operation is too new to determine financial results, but the new owner will acquire the building and 840 square metres of land with a freehold title deed. All rooms are furnished and have hot water showers and televisions, while 10 of the rooms are also air-conditioned. Two employees are already in place, and they receive a salary of 5,000 baht per month each.

Posted Jan 26, 2011

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