105 Room Resort Style Apartment on 2-2-44 Rai Land for SALE near ABAC Bangna!! Luxury Decoration at Great Price!!

Vdeo Link : https://youtu.be/wPrN38hYkj0?feature=shared

Location : Bangna Garden Road 8/2, Bang Sao Thong Sub-District, Bang Sao Thong District, Samut Prakan


2 Building Apartment with Swimming Pool, Fitness, Coffee Shop and 3 Multi-Purpose Rooms
Parking Space : Up To 50 Cars
Separate 3-Story House with 318 Sq.m Usage Space
105 Beautifully Decorated Rooms, Total Land Size 2-2-44 Rai
Apartment Building Total Usage Space = 3,589 Sq.m
Private Layout designed with just 4-5 Rooms in one zone
Main Target Market is Assumption University Students and Employees working in the area looking for a relaxing resort style apartment.
Potential Tenants from Renown Companies at Bangna Trad Road include Denso, Toyota, Volvo Group, and many large factories.
Apartment is just 5 mins from Assumption University
VIP Van Service to and from Assumption University
Beautiful Lake View and just 100 meters to 7-11 and Kasemsuk Market.
30 minutes from Suvarnabhumi Airport
Orange Type Land (Legally able to acquire hotel license)

Rental Rates and Room Details

2 Rental Rates (Fully Furnished with Electrical Appliances)
5,500 Baht/Month for 24 Sq.m (33 Rooms)
6,500 Baht/Month for 27 Sq.m (72 Rooms with additional kitchen counter and sofa)
Due to Covid-19, the current Occupancy Rate is 55%
Occupancy Rate has always been at least 90% (Apartment is very popular among ABAC students.)

Return on Investment (during normal market conditions)
Calculating at 85% Occupancy Rate
Average Rent per room = 6,180 Baht/Month
Total Income from 85% Occupancy = 550,000 Baht
Monthly Profit from water, electricity and miscellaneous = 25,000-30,000 Baht
Total Monthly Expenses = 62,000 Baht (Detailed expenses can be shown upon request)
Total Monthly Profit during normal market conditions = 500,000-520,000 Baht
Or 6,000,000-6,200,000 Baht Profit Per Year!!
3-Storey 318 Sq.m House with private parking within vicinity, A 2 in 1 asset for investors!

Additional In-Depth Analysis on Property

This location will increase in Value exponentially in the future. There are plans to construct a 10 lane road in the area that will turn it into a bustling district with many sources of employment.
Reference Link : https://www.prachachat.net/property/news-528994 (Plans in Development Process)
Location is near Suvarnabhumi Airport, Investors can make more profit by transitioning some rooms for daily rent.
Selling at a Special Price for 95 Million Baht!! 
There isn’t any other Luxury Decorated Apartment in a Great Location at this Price!!!
For Viewing Appointment, Please Contact:
Mr. Mo 094-782-2354
Line ID = @thpropertyinvestor (Don’t forget the @ sign)

***Note: The building staff are not aware that this building is for SALE. Please make a formal appointment for viewing property.***

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