For Sale Cheap 26-Room Rental Units, Selling at a Loss because Owner is in Depok.

Specification

Description

26-unit rental property Price: 3.6 billion, negotiable until deal Building area: 583 m² Total land area approx. 800 m² SHM Certificate Building Permit (IMB) available Facing South Well water Electricity per unit: 900 watts 13 rooms downstairs 13 rooms upstairs 6 downstairs, rent 1.2 million/month, total 7,200,000 (Living room, 2 bedrooms, kitchen, 1 bathroom, terrace) 6 upstairs, rent 1 million/month: 6,000,000 (Living room, 2 bedrooms, kitchen, 1 bathroom, terrace) 2 downstairs, rent 900,000/month: 1,800,000 (Living room, 1 bedroom, kitchen, 1 bathroom, terrace) 2 upstairs, rent 900,000/month: 1,800,000 (Living room, 1 bedroom, kitchen, 1 bathroom, terrace) 5 downstairs, rent 750,000/month: 3,750,000 (Living room, 1 bedroom, kitchen, 1 bathroom, terrace) 5 upstairs, rent 750,000/month: 3,750,000 (Living room, 1 bedroom, kitchen, 1 bathroom, terrace) Total monthly income if fully occupied: 24,300,000. Currently vacant: 2 units — 1 downstairs priced at 1.2 million, 1 upstairs priced at 1 million. Maximum vacancies so far: 4 units, never less than that. Monthly waste fee per unit: 30,000, paid by tenants and included with monthly rent. Electricity uses individual tokens. Owner's obligations only include buying credit for public lighting and water tank maintenance, usually 200,000 every 3-4 months. Strategic location for workers, university students Close to LRT Harjamukti Close to Cibubur Junction