*Apartment for sale in Sathorn area, ideal for investment, Sathorn district, Bangkok.

Location: Soi Narathiwat Ratchanakarin 8/1, Narathiwat Ratchanakarin Road, Yannawa Subdistrict, Sathorn District, Bangkok.

Price: 150,000,000 THB

Built approximately 18 years ago
Land area: 185 square wa (approximately 730 square meters)
Building size: 11.50 x 42.00 meters
6-story apartment building with rooftop
(1st floor): Offices, restrooms, restaurant, maid\'s room, storage room, elevator lobby, parking
(2nd-6th floors): Residential units, restrooms, and elevator lobby
(Rooftop): Covered open area, staff quarters, and restrooms
Number of rooms: 100 (20 daily rentals, 80 monthly rentals) Parking: 12 cars
Daily room rate: 700-1,200 THB per night
Monthly room rate: 6,000-12,000 THB per month. Currently, 69 rooms are rented monthly.
Currently employing 3 people.
Currently having a maintenance team.

Advantages:
- Prime location Located approximately 130 meters from the main road.
-Physical characteristics of the land: Developed and leveled, approximately 0.20 meters above road level.
-Transportation/Road in front of the land: Public road/concrete road. 4.00 meters
- Utilities:
Electricity, water supply, drainage, street lighting, and
telephone.
- Environment/Development: Residential and commercial / moderate.

Zoning: Red zone.
Daily room rental income: 207,900 THB per month (based on December 2024).
Monthly room rental income: 507,326 THB per month (based on December 2024).
Total monthly income: 715,226 THB (based on December 2024).
Total annual income: 7,452,601 THB (based on January 2024 - December 2024).

Nearby places:
Shell gas station at the entrance of the soi (200m)
JC Kevin Hotel (400m)
Empire Tower (700m)
Assumption College Primary School (950m)
Makro Sathorn (950m)
Lotus Rama 3 (2.7 km)
Central Rama 3 (2.7 km)
BRT Sathorn 300m
BTS Chong Nonsi 850m