There is an old building for rent, 8 units, 2 floors, for rent cheap, suitable for AirBNB, Hostel, located in the heart of Bang Rak.

8-unit, 2-storey building for rent cheap suitable for AirBNB, Hostel Located in the heart of Bangkok, Bang Rak area is a residential area that foreigners like because it is in the heart of the city, near Yaowarat, Silom, Saphan Lueang various important economic areas eg. near the Russian Embassy, ​​Santiphap Alley can also go through to Thanon Sap, Nares Road, surrounded by educational institutions such as Chulalongkorn, Chula Demonstration School, Triam Udom Suksa, Bangkok Christian College and many leading department stores. It is also the location of the head offices of many leading companies Detail: It is an old building, 8 units, 2 floors each Pay 12 months, move in (Free !!! Renovate 6 months) Can be rented long-term, 3+3 years Can be used as a Hostel or AirBnB The has tried to renovate 1 building, as shown in the picture, using a budget of 400,000 ฿ (to be done in 66) Area in front of the building Can be used as a parking lot ▶️Parking size: width 8 x 32 ▶️Building size: width 4 meters, length 8 meters Free!!! Decorate and renovate for 6 months Rough estimate (1 done as shown in the picture) Cost to build 7 units approximately ฿3.5M If you calculate the income of a cheap hostel in that area, 2,000 per night Assume that you build 2 rooms per building, just 16 rooms you will get income of ฿960,000 per month (4 months break even) or If you calculate the rent at ฿1,500/day 1,500฿ x 30 days x 16 rooms (7 months break even) Check out Google Map here https://goo.gl/maps/yXCutpcT5z8B74J16 1 km from MRT Sam Yan (3.5 minutes) 1.1 km from Russian Embassy (4 Minutes) near Lumphini Park and BNH Hospital, Thai Red Cross Society, Bangkok Christian Hospital