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Apartment Building In Korat For Sale

Korat, Nakhon Ratchasima
Asking Price:
$600,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Apartment Building for Freehold Sale in Korat
Listing No.

• Business: Apartment Building
• Location: Nakhon Ratchasima (Korat), Thailand
• Features: Spread over 4 levels, this apartment building has 22 rooms plus a retail shop on the ground level. The building is near new with the construction having been completed mid-2014.
Located only 200 meters to Sura Narai Road and close to many schools, colleges, and the Rajabhat University. It is 2.3 km to Maharat Hospital (the largest public hospital in Korat), Thao Suranaree Museum and 3 km to Terminal 21 Korat. The apartment rooms are nearly always occupied with mainly students who study nearby.
Features 20 rooms with fans, and 2 rooms with air-conditioning. All rooms have TV, fridge, desk, closet, bed with mattress, pedestal fan, balcony and their own bathroom/toilet. Fire extinguishers and WIFI are throughout. There is a fire staircase, and access to the building is by finger scan device. There are 2 apartment rooms and a retail space for rent in the front (with its own bathroom/toilet) on the ground level. Also on the ground level is the owners’ quarter’s (1 bedroom, toilet/bathroom and large balcony) which is currently being used as a laundry. The retail shop is about 30m2 and could be used by the owner or leased for additional revenue. There are 6 furnished rooms on the 2nd, 3rd and 4th floors, all with separate electricity meters enabling individual recovery of electricity costs.
Rooms currently rent for 3,500 baht a month with fan, or 4,000 baht a month with air-conditioning.
The building has chanote and construction approval. The owner will pay half of the transfer fee. Currently the owner states that she is making around THB 85,000 a month, the new owner may decide to rent some of the rooms on daily basis to attract more tourists and increase revenue.
• Tenure: Business and Property Sale (Freehold Premises).
• Asking Price: THB 20,000,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)

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