PRICE : 18,500,000 THB
1 Sq.m
Usable Area
Apartment Building Business for sale in Ban Du, Chiang Rai.
Neat and Clean 24 room apartment block with full tenant occupancy as a business opportunity for sale. Located in Ban Du, Chiang Rai close to the main market in a quiet and suburban area.
Current tenants have long-term agreements which can be easily renegotiated to fit the new owners requirements.
The attached residential building has a further 5 rooms plus a 2nd floor living/communal area which can be converted into guest rooms, if required. Transition of all documents and tenant agreements can be assisted with by the sellers.
Price: 18.5 Million Baht
Plot size: 2 Ngan
Building size: 1,100 Sqm.
Number of Building: 2
1. Owner’s living area and reception: 1 Reception area, 1 Basement, 5 Bedrooms, 4 Bathrooms, 1 Rooftop entertainment area, 1 Kitchen, and 1 private living room.
2. Residential Building: 24 rooms+Bathrooms+Balcony (24.8 Sqm.)
***The apartment comes with a front terrace, communal garden, 7 car-parks, and a large dedicated motorbike parking area.
***This comes with fully furnished guest rooms+29 fully serviced air-condition units, and is partially furnished for the owner’s building area.
***Current rental prices per room range from 4-5,000 Baht per month, on annual contracts.
***Owners will advise on the business model and procedures in use currently.
Location: Ban Du, Chiang Rai.