Cheap New Boarding House Strategic Flood-Free in Grogol

Specification

Description

For Sale: Boarding House in Tawakal Ujung "Twin Residence" Fully Furnished - Ready for operation July 2025 - Occupancy > 90% - ROI 9.9% / year - Double profit (monthly income and capital gain) Total 32 Rooms with Ensuite Bathrooms Land Size: 5.6x16 Building Area: 4.5 floors (360M) Electricity Token: 900 watts Freehold Title (SHM) WHY SHOULD YOU BUY "Twin Residence"? - New Construction, Completion by End of July 2025 - Premium Location in the City Center - Captive Market: - Trisakti University: ~30,000 people - Untar University: ~15,000 people - Offices: ~20,000 people - Boarding House Area **Twin Residence Income Projection** **Monthly:** - 1 Room: 1.8 million - 8 Rooms: 1.85 million x 8 units = 14.8 million - 7 Rooms: 1.9 million x 7 units = 13.3 million - 2 Rooms: 1.95 million x 2 units = 3.9 million - 12 Rooms: 2.05 million x 2 units = 24.6 million - 2 Rooms: 2.4 million x 2 units = 4.8 million **Total Monthly Income = 63.2 million** **Expenses:** - Caretaker Salary = 2.5 million/month - Electricity = 600k/month - Internet = 1 million/month - Miscellaneous = 500k/month **Total Monthly Expenses = 4.6 million/month** **Net Monthly Income = 58.6 million/month** **Net Annual Income = 703 million/year** **Price: 7.6M (Negotiable)** **Property Buy-Sell-Rent Services** Starhouse Property - Buyers/Tenants: No Commission Fees - Mortgage (KPR) Assistance Until Completion with Partner Banks