High-Yield Investment – 5-Storey Apartment in Mueang Samut Prakan

High-Yield Investment – 5-Storey Apartment in Mueang Samut Prakan, Great Potential for Renovation & Rent Increase

Property Code: 6899

Selling Price: 20 Million THB

Land Area: 104 SQ.W.

Transfer Fees & Taxes: 50/50 (Seller covers taxes)

Yield (Net): 8%

Payback Period: Approx. 12 Years

Status: Tenanted – Immediate Rental Income

Contact:

Khun Nok – Sales Consultant

📱 Tel: 083-068-1585 / 065-253-9924

📩 Line ID: @ggp824

📧 Email: baanruaydee@gmail.com

🏢 Baan Ruay Dee Mee Suk Co., Ltd.

Property Overview:

Land Size: 104 SQ.W.

Building: 5 Storeys / 1 Building

Total Units: 79 rooms

Room Size: Approx. 24 SQ.M.

Layout per floor:

Floor 1: 15 rooms + office

Floors 2–5: 16 rooms per floor

Currently 25 vacant rooms (ideal for renovation to increase rent)

Current Rent per Room: THB 2,500

Monthly Net Income: THB 137,500

Parking: 5 cars

No elevator (option to install later)

Building Age: Approx. 35 years

Utilities: Government rate (electricity & water)

Location Advantages:

Located in Mueang Samut Prakan

Near markets, shopping centers, and convenience stores

Popular with industrial estate workers and long-term tenants

Suitable for:

Residential rental income

Office conversion

Renovation for resale or rent hike

Highlights:

High occupancy potential

Ideal for value-add investors

Ready-to-run business with tenant base

Immediate cash flow

Undervalued price in high-demand area

🚫 Agents not accepted.

📍 Private viewings by appointment only.