5 Storey 2 Apartment Buildings for SALE!! Returns up to 7% per Year!!!.
Location : Soi Thai Prakan 2, Theparak Road, Bang Sao Thong Sub District, Bang Sao Thong District, Samut Prakan 10540
✅ 5 Storey, 2 Buildings with a combined total of 105 rooms
✅ Total Building Usage Space 3,132 Sq.m
✅ Total Land area 292.2 Sq.W
✅ Key Card access from parking lot to apartment
✅ Lock on parking lot fence gate
✅ Many parking space for motorcycles and 5-8 cars
✅ Apartment is surrounded by many factories such as Kerry, DHL, Hond, WHA, AEON, CEVA Logistics, Thai Agri Foods, Jason Asia Pacific, and GFPT.
✅ There is very high demand for apartments in the area
Advantages of location and apartment
✅ Occupancy Rate is usually 90-100% (Only a slight reduction since the COVID Pandemic)
✅ Best building design in the area at a very affordable price
✅ A lot of tenants are by referral, since the room here is the most spacious.
2 Room Sizes
✅ 4* 6.5 meters (26 Sq.m) Total of 60 rooms
✅ 3.5 * 6.5 meters (22.75 Sq.m) Total of 55 rooms
2 types of Rental Price
✅ With Furniture
✅ 25 Rooms with furniture 3,000-3,3000 Baht/month
✅ 30 Rooms with furniture and air conditioner 3,400-3,800 Baht/month
✅ Empty Room 2,200-2,700 Baht/month
Estimated Income, Expenses and Profit
✅ Estimated Rental Income during normal circumstances. (90-95% occupancy)
✅ Rental Income roughly 260,000-280,000 Baht per month
✅ Monthly Maintenance fee 200 baht per room (Additional 100 baht for Rooms with WIFI) totalling around 20,000 Baht per month
o Income from Washing Machine and Water Dispenser approximately 7,000 Baht
✅ (Electricity 8 Baht per unit, Water 20 Baht per unit) Profit around 15,000 Baht per month
############ Total Income at 312,000 Baht (During normal circumstances)
Monthly Fixed Cost
✅ 1 Employee takes care of everything 15,000 Baht
✅ Miscellaneous expenses 10,000 Baht
############ 287,000 Profit per month!!!
****** Still did not factor in the value of the location and design of building that is the best in the area. ******
Selling both apartment buildings at just 49.9 Million Baht Only!!! (Transfer Fee 50/50)
Land and Building construction alone costs almost 50 Million Baht!!
Selling below the current market value!!!
****** Note: Sales of the apartment is confidential. Please do not walk in to ask employee or tenants of sales detail. ****
For more information, Please contact us directly.
Mr. Mo (Investment Asset Advisor) 094-782-2354
Line ID = @thpropertyinvestor (Don’t forget the @ sign)