Mango Besar boarding house, 16 rooms, ROI 8%-10% per year, already operational. Buy now for instant profit.

Specification

Description

NEW 16-ROOM BOARDING HOUSE with NET ROI 8% – 10% ++ / year PRICE 4.25 B NEGOTIABLE SUPER STRATEGIC LOCATION Just a 15-MINUTE RADIUS to: Offices/Shops: Pangeran Jayakarta, Gunung Sahari, Pasar Baru, Pasar Asem Reges, National Library Ministry, Religious Affairs Ministry MALLS: Glodok, Gajah Mada Plaza, Mangga Dua, Grand Paragon, Sarinah Thamrin. MARKETS: Traditional Market, Indomaret, Alfamart, Carrefour. Transportation: Karang Anyar Station / Mangga Besar Station, Public Transport, Gojek Public Facilities: Various ATMs & Banks (Complete), Schools, Places of Worship, Hospitals, etc. PROPERTY SPECIFICATIONS Legality: SHM (Certificate of Ownership) + IMB (Building Permit) (still ongoing mortgage with BCA bank) Clean and clear and can take over from BCA as well Land Area: 78 m² Building Area: 280 m² (4 Floors) Rooms: 15 BR (with Ensuite Bathroom) + 1 Boarding House Attendant's Room (with ensuite bathroom) can also be used as a boarding room (4th floor can still build 2 more rooms) Road fits 2 cars Facing East New Building and New Furniture ROOM RENTAL PRICE INFO Room Price 1.6 – 2 million / month Shared room +500 thousand / month ROOM FACILITIES (FULLY FURNISHED) - Mattress + bed sheet + pillow - Table & chair - Water Heater - AC 3/4 HP (some 1/2 HP) - Wardrobe - Exhaust Fan - Fortress Steel Door - Bathroom door full tempered glass - Electricity token @2200w/room - Wi-Fi Hotspot System like a hotel - Drinking water dispenser - Shared kitchen - Refrigerator - 24-Hour CCTV by Hikvision Electricity token in each room so the Boarding House Owner doesn't have to worry about PLN bills OCCUPANCY Current net income 20-25 million per month Potential rent increase of around 300 thousand per room (additional total income becomes 11.4 million per month), because the current price is without upgraded smart TV (only TV bracket installed) ROI 8-10% per year. Price: 4.25 Billion (negotiable)