Almost 4 Rai 153 Room Apartment with Spacious Parking for SALE in the heart of Chonburi, Huaykapi, Near Central and Big C

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Almost 4 Rai 153 Room Apartment with Spacious Parking for SALE in the heart of Chonburi, Huaykapi, Near Central and Big C
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Almost 4 Rai 153 Room Apartment with Spacious Parking for SALE in the heart of Chonburi, Huaykapi, Near Central and Big C
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Address : Soi Huaykapi 4/4 Tambon Huaykapi, Amphoe Mueang Chonburi
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Details
✅ 3 Storey 3 Buildings
✅ 51 Rental Rooms in Each Building with 1 Office and 1 Multi Purpose Room
✅ Total of 153 Rooms (151 Rooms for Rent)
✅ Land Size 3 Rai 3 Ngarn 17 Sq.W
✅ 82 Air Conditioner Rooms and 71 Fan Rooms
✅ Every Room is the same Price (2,500 Baht/Month) and Size (3.5*7 Meters = 24.5 Meters)
✅ Every Room has a Balcony
✅ Total In Building Usage Space = 4,560 Sq.m (1,520 Sq.m per Building)
✅ Very Spacious Parking Space
✅ Up to 1 Rai Additional Space to develop
✅ Just 590 Meters from Sukhumvit Road
✅ Near Central, Big C and Makro Chonburi
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✅ Due to the effects of the pandemic and non continuous marketing, many rooms are vacant.
****This Apartment is not suitable for those who are looking for a good ROI right away. But for those who see the potential of this location. It’s located in the heart of Chonburi and it’s bustling atmosphere with an ever-growing source of employment is making a fast recovery.****
✅ The current Net Profit per month is around 140,000-150,000 Baht
✅ Before the Covid-19 Pandemic, Occupancy Rates were 80-90% bringing in a Net profit of 300,000 Baht/Month
***This Apartment is selling at below the market price.***
✅ Calculating only the construction cost of the Buildings = 4,560 Sq.m
Standard Construction Cost for Buildings = 12,000 Baht/Sq.m
4,560 Sq.m x 12,000 Baht = 54,720,000 Baht
Deduct 20% for Building Depreciation 43,776,000 Baht (Cost of Structure only)
✅ Calculating Land Price of 1505 Sq.W
Market Price of Land in this Area 25,000 - 30,000 Baht/Sq.W
1505 Sq.W x 25,000 Baht = 37,625,000 Baht (Market Price of Land Alone!!)
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✅✅***This Apartment is Selling at just 59 Million Baht Only!!!***✅✅
Don’t miss the Best Investment Opportunity
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For more information, Please Contact:
Mr. Mo 094-782-2354
Line ID = @thpropertyinvestor (Don’t forget the @ sign)
www.thaipropertyinvestor.net/apartment