Almost 4 Rai 153 Room Apartment with Spacious Parking for SALE in the heart of Chonburi, Huaykapi, Near Central and Big C . Almost 4 Rai 153 Room Apartment with Spacious Parking for SALE in the heart of Chonburi, Huaykapi, Near Central and Big C . Address : 📌Soi Huaykapi 4/4 Tambon Huaykapi, Amphoe Mueang Chonburi📌 . 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 . ✅ 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!!) . ✅✅***This Apartment is Selling at just 55 Million Baht Only!!!***✅✅ Don’t miss the Best Investment Opportunity . For more information, Please Contact: Mr. Mo Contact number Line ID = @thpropertyinvestor (Don’t forget the @ sign) www.thaipropertyinvestor.net/apartment
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