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About this apartment

This property is a 111 m² apartment with 45 bed and 45 bathrooms that is available for sale. It is located in Mueang Chiang Mai, Chiang Mai. You can buy this apartment for a base price of S$ 958,159 (S$ 8,632/m²).

45 bed 45 bathrooms 111 m²
🔴 🏢 For Sale: Prime Apartment Building in Chiang Mai City Center
Near Chiang Mai Rajabhat University and Jingjai Market. Currently generating immediate income with existing tenants.

🔴 Income and Return on Investment Information:

✔️Monthly income approximately 185,000 THB
✔️Total annual income approximately 2,220,000 THB
✔️Monthly expenses approximately 39,000 THB
✔️Yield approximately 9%
✔️Capacity Rate approximately 7%
✔️ROI approximately 7%
✔️Payback period approximately 14 years

💰 Selling Price: 25,000,000 THB

📍location
16 Soi Sri Mongkol, Pattanachang Phueak Soi 1, Chang Phueak Subdistrict Mueang Chiang Mai District, Chiang Mai 50300
Map //


🔴 Building Details

* Land area: 111 square wa
* 5-story building
* Building age: Approximately 17 years
* Total of 45 rooms
* Currently occupied by tenants: 43 rooms
* Occupancy rate: Approximately 100%
* 1 maid's room
* 1 office
* Elevator available
* Furnished with items such as beds, mattresses, wardrobes, desks, and curtains
* Appliances included: Air conditioners, fans, and water heaters
* Parking for approximately 3 cars + 50 motorcycles

🔴 Estimated Rental Income

* Monthly rental rooms: 20 rooms × 3,000 baht each = 60,000 baht/month
* Air-conditioned rooms: 23 rooms × 3,500 baht each = 80,500 THB/month
* Income from signal rental: approximately 5,500 THB/month
* Total income: approximately 146,000 THB/month
* Or approximately 1,752,000 THB/year

🔴 Security deposit: approximately 3,000–3,500 THB
💧 Water: 32 THB per unit
⚡ Electricity: 8 THB per unit

🔴 Property Highlights:
Located in Chiang Mai city center, near the university. Has existing tenants and additional income from signal rental. Ideal for investors looking for a ready-to-operate dormitory with immediate income.
Features & Amenities
  • Air conditioning Air conditioning
  • Balcony Balcony
  • Parking Parking
  • Electricity Electricity
  • Equipped kitchen Equipped kitchen
  • Office room Office room
  • Wifi
  • Panoramic view Panoramic view
  • Service room Service room
  • Terrace Terrace
  • Video cable Video cable
  • Water Water
  • Water tank
  • Concierge Concierge
  • Access for people with disabilities Access for people with disabilities
  • Security Security
  • Roof garden
  • Fully furnished Fully furnished
Basic Information
  • Date Listed Jul 18, 2026
  • Updated 5 days, 18 hours ago
  • Property Type Apartment
  • Floor 5
  • Bedrooms 45
  • Price per SqM S$ 8,632/m²
  • Size 111 m²
  • Furnished Fully furnished
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