Urgent Sale: 4-Storey Apartment, 33 Rooms, THB 12 Million Ladprao 136, Bang Kapi, Bangkok

Urgent Sale: 4-Storey Apartment, 33 Rooms, THB 12 Million

Ladprao 136, Bang Kapi, Bangkok  

Property Code: 681384

*Net income after expenses:* THB 70,000/month

*Current yield:* 7%

**Asking price:** THB 12,000,000 (negotiable)

**Value-Add Potential**

Target rental after renovation: THB 4,500/month

Projected income after upgrade: THB 148,000/month

Estimated yield after renovation: **12–14%**

Payback period: **within 5 years**

**Property Details**

* Usable area: 846 sq.m.

* Land size: 62 sq.w.

* 4-storey building

* 1 building

* 33 rooms

* Room size: 20 sq.m.

* Building age: 31 years

* Construction permit available

* Partially renovated

* No elevator

* No car parking

* Target tenants: office workers

* Limited motorcycle parking

* Width: 12 m

* Depth: 22 m

* Red zoning

* BTS/MRT station at the entrance of the alley

* Near The Mall Bangkapi

* Near Tawanna Market

* Close to shopping centers

* Close to universities

* Unfurnished rooms

**Utilities & Room Rates**

* Water: 18

* Electricity: 9

* Housekeeping: 3,000/month (free room provided)

* Unfurnished room: 2,000

* New unfurnished room: 2,300

* Furnished room: 2,700

* Air-conditioned room: 3,200 (only 1 room)

**No agents accepted**

Contact: Khun Nok

Line: 0830681585

Tel: 083-068-1585

Real Estate Investment Consultant

Baan Ruay Dee Mee Sook Co., Ltd.