Monthly Income-Generating Boarding House, Just Run the Business and It's Always Full

Specification

Description

BOARDING HOUSE TJ DUREN - WEST JAKARTA *11 rooms consistently fully occupied since 2017* Certificate of Ownership Land Area 77m² Building Area 157m² 3 floors, (3rd floor can still be built with 5 more rooms) Well water Main electricity 2200w. Per-room electricity token 1200w Single car access road. Room prices: 5 rooms on the 1st floor at 900,000 6 rooms on the 2nd floor at 800,000 Shared bathrooms per floor - 2 bathrooms. Room size 3m x 2.5m so if buyers want ensuite bathrooms, it's possible. Why the low price? Because all rooms are empty - tenants bring their own furnishings, monthly electricity cost only 150k for pump and lights, monthly cleaning and security fee only 100k (borne by tenants at 20k/month). Can immediately add AC to raise room rates directly to 1.3 million per month (market rate there is 1.5 million minimum for rooms with AC and mattress). So total if adding 5 rooms on the 3rd floor becomes 16 rooms at 1.3 million per room - net income 240 million per year. *Selling price 1.85 billion* With a selling price of 1,850,000,000, capital return in under 8 years with such ROI adrw