Highly recommended investment in CBD location. **10-12% yield potential. Focus on renovations and rental upgrades.** 6-story serviced apartment in Sat
Highly recommended investment in CBD location. **10-12% yield potential. Focus on renovations and rental upgrades.** 6-story serviced apartment in Sathorn, Bangkok.Property ID: 68123Area: 1,991 sq mLand: 185 sq wah85 rooms**Price: 110 million baht**Transfer fees and taxes paid by seller**Current yield 7.7%**Deducting expenses, income 710,000 baht/monthSee owner's statement**Details**- Area 1,991 sq m- Land 185 sq wah- Width 15 m- Depth 49 m- 1 building- 1 elevator(Snider, Germany)- 6-story building- Rooftop on 7th floor- 85 bedrooms- 85 bathrooms- 1st floor office- Building age 18 years- Parking for 13 cars- Parking for 20 motorcycles- Furnished with air conditioning- Key card access- Foreign tenants- Office staff- Company manager- General tenants- Near markets and department stores- Near convenience stores- Central Business District (CBD) location**About the apartment****1st floor**- 2 restaurants (Vacant)(27 sq.m.) 8,000 baht/month- Lobby- 1 laundry room- 2 staff quarters- 13 car parking spaces- 20 motorcycle parking spaces- 1 bathroom- 3 water pumps- Underground water tank- 1 washing machine- 1 dryer**21 rooms on the 2nd floor**- 18 rooms, 18 sq.m. dailyRental price: 700 baht/day/nightRecognized revenue: 252,000 baht/monthEstimated for 20 days- Monthly rental: 1 room, 27 sq.m.Rental price: 8,000 baht/month- Monthly rental: 1 room, 18 sq.m.Rental price: 7,000 baht/month- Monthly rental: 1 room, 36 sq.m.Rental price: 10,000 baht/monthEstimated income =277,000/month**3rd floor: 20 rooms**- Daily: 1 room, 18 sq.m.Rental: 700/day/nightRecognized revenue: 14,000/monthEstimated for 20 days- Monthly: 16 rooms, 18 sq.m.Rental: 7,000/monthRecognized revenue: 112,000/month- Monthly: 1 room, 27 sq.m.Rental: 8,000/month- Monthly: 2 rooms, 36 sq.m.Rental: 10,000/monthRecognized revenue: 20,000/monthEstimated revenue: 154,000/month**4th floor: 19 rooms**- Monthly: 16 rooms, 18 sq.m.Rental: 7,000/monthRecognized revenue: 112,000/month- Monthly: 1 room, 27 sq.m. SQMRental Price 8,000 THB/month- Monthly 2 rooms, 36 sq.mRental Price 10,000 THB/monthRevenue Recognition = 20,000 THB/monthEstimated Revenue = 140,000 THB/month**5th Floor: 19 rooms**- Monthly 16 rooms, 18 sq.mRental Price 7,000 THB/monthRevenue Recognition 112,000 THB/month- Monthly 2 rooms, 36 sq.mRental Price 10,000 THB/monthRevenue Recognition = 20,000 THB/month- Monthly 1 room, 45 sq.mRental Price 12,000 THB/monthRevenue Recognition = 12,000 THB/monthEstimated Revenue = 144,000 THB/month**6th Floor: 19 rooms**- Monthly 16 rooms, 18 sq.mRental Price 7,000 THB /monthRevenue recognized: 112,000 THB/month- Monthly 2 rooms, 36 sq.m.Rental: 10,000 THB/monthRevenue recognized: 20,000 THB/month- Monthly 1 room, 45 sq.m.Rental: 12,000 THB/monthRevenue recognized: 12,000 THB/monthEstimated income: 144,000 THB/month**7th floor, rooftop**- 2 bathrooms- 4 water tanks- 1 water pump- Clothes drying area- Technician's quarters- Post-COVID renovations for some rooms**No agents**#SathornApartment#SathornServiceApartmentContractKhun Nok, Sales DepartmentLine ---: @ggp824Tel: 083_068_1585Tel: 065_253_9924Real Estate Investment ConsultantBaan Ruay Dee Mee Suk Co., Ltd.