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 Thailand Pattaya Apartment Building Business for Sale Apartment Building Business for Sale
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  Apartment Building Business for Sale Specification of the Business Code : EA0511063
Category of Business : Apartment
Full of Business : Freehold Apartment Building
Type of Sale : Sale / Freehold
Location : South Pattaya, Pattaya, Chonburi, Thailand
Purchase Price : 35,000,000 Baht
Base Monthly Rental : 0 Baht
Security on Lease : 0
Terms and Conditions :
Bldg Size : 216 Sq.w
Seats :
24Hrs. Security :
No. Employees : FT: 2 PT:
License Required :
Parking : yes
Days Open : 7
All trade fixtures and equipment included except the following items :
Established : 3
Furniture, Fixtures & Equipments (Current Value In Baht Included in Purchase Price : 28,000,000 Baht
Inventory at Cost : 0
Gross Annual Cash Receipts Seller can prove : 6,000,000 Baht /
Net Annual Profit (After Expenses) (Seller can prove) : Baht /
Annually / Once Only : 0 Baht
Additional Terms :
 
Business Description:
Freehold Apartment Building
Freehold Apartment Building
This block of freehold serviced apartments is a strong investment option, both in terms of its inherent real estate value, and also because of its exceedingly low overhead operating costs. It is situated on a 216-sq.-wah (864 sq.-meters) block of land midway between busy South Pattaya, and the rapidly expanding Jomtien Beach region just a little further south. The building holds 64 serviced apartments.. The enterprise was established 2-years ago by the present owner, (who needs to relocate), and it brings in a cash income of 6-million baht yearly, which gives a big annual profit return of around 4-million baht. Freehold price is 35-million baht.
 
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