6-story serviced apartment in Sathorn, Bangkok.

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: 68123

Area: 1,991 sq m

Land: 185 sq wah

85 rooms

**Price: 110 million baht**

Transfer fees and taxes paid by seller

**Current yield 7.7%**

Deducting expenses, income 710,000 baht/month

See 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. daily

Rental price: 700 baht/day/night

Recognized revenue: 252,000 baht/month

Estimated 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/month

Estimated income =277,000/month

**3rd floor: 20 rooms**

- Daily: 1 room, 18 sq.m.

Rental: 700/day/night

Recognized revenue: 14,000/month

Estimated for 20 days

- Monthly: 16 rooms, 18 sq.m.

Rental: 7,000/month

Recognized revenue: 112,000/month

- Monthly: 1 room, 27 sq.m.

Rental: 8,000/month

- Monthly: 2 rooms, 36 sq.m.

Rental: 10,000/month

Recognized revenue: 20,000/month

Estimated revenue: 154,000/month

**4th floor: 19 rooms**

- Monthly: 16 rooms, 18 sq.m.

Rental: 7,000/month

Recognized revenue: 112,000/month

- Monthly: 1 room, 27 sq.m. SQM

Rental Price 8,000 THB/month

- Monthly 2 rooms, 36 sq.m

Rental Price 10,000 THB/month

Revenue Recognition = 20,000 THB/month

Estimated Revenue = 140,000 THB/month

**5th Floor: 19 rooms**

- Monthly 16 rooms, 18 sq.m

Rental Price 7,000 THB/month

Revenue Recognition 112,000 THB/month

- Monthly 2 rooms, 36 sq.m

Rental Price 10,000 THB/month

Revenue Recognition = 20,000 THB/month

- Monthly 1 room, 45 sq.m

Rental Price 12,000 THB/month

Revenue Recognition = 12,000 THB/month

Estimated Revenue = 144,000 THB/month

**6th Floor: 19 rooms**

- Monthly 16 rooms, 18 sq.m

Rental Price 7,000 THB /month

Revenue recognized: 112,000 THB/month

- Monthly 2 rooms, 36 sq.m.

Rental: 10,000 THB/month

Revenue recognized: 20,000 THB/month

- Monthly 1 room, 45 sq.m.

Rental: 12,000 THB/month

Revenue recognized: 12,000 THB/month

Estimated 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

#SathornServiceApartment

Contract

Khun Nok, Sales Department

Line Add: @ggp824

Tel: 083_068_1585

Tel: 065_253_9924

Real Estate Investment Consultant

Baan Ruay Dee Mee Suk Co., Ltd.