Beijing,
China
11 Story (173 Suite) Hotel

The hotel is conveniently located in  the Central Business District, Beijing, China, the most important increased property valuation landmark. It only takes about twenty minutes drive to the Beijing International Airport, and can be easily reached by public transportation (taxis, subways or buses). 

The hotel has been built on a  34,427.6 sq. meter (the owner owns 310,76.8 sq. meter property right) lot. The 11 story (173 suite) hotel actually has been built on 6,600 sq. meters of land. It started its operation on August 1998. In year 2000, it has been classified as a  four star hotel on international standard per China National Tourist Agency Approval.

Property Evaluation: 
$600 million RMB per Wulian CPA Firm (Approximately 72.3 million USD)

Income Resources:
$100 million RMB per annual (Approximately 12 million USD)

Fund needed:
$636 million RMB as 70% joint venture partnership. (Approximately 76.6 million USD)

Executive Summary is available on request.

REFERENCE # 2284

DALLI (B)