Fully Operational 128 Room Dormitory Building Complex Business With Cafe For Sale
Building
Pa Phai,
Chiang Mai
Sale Price
฿85,000,000
128
Beds
128
Baths
4,232
Sqm.
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4,232 Sqm., 128 Beds, 128 Baths Building listed for ฿ 85,000,000.
Highly rated and fully booked this 128 room dormitory/apartment complex is near Mae Jo University in Nong Han, San Sai. Designed by expert architects the building offers both functionality and the aesthetic style of a resort hotel.
A few highlights:
Building 1 - 4 floors - 58 rooms. - Larger than normal dormitory rooms, designed more like condo rooms. Sunrise views of Doi Suthep. Interested residents usually have to get on a booking que for this building as the price for the atmosphere is unbeatable in the area.
Building 2 - 4 floors - 36 rooms (27.3 Sq.m) + 1 suite (70) + 1 café and koi pond - Coin operated washing machines and drinking water dispensers in a common area.
Building 3 - 2 floors - 28 rooms
Single Story building - 4 rooms - For employees or students to rent.
House - 3 bedrooms, 3 bathrooms, 1 living room, 1 office
There is approximately 88 M. THB in asset value alone (land and building costs). After over 20 years developing this business the owner wants to retire. This a turn key business making approx 450k Baht in profit every month after expenses (0ver 500k in revenue). This is a great value for money as the asking price is below asset costs and the owner is not asking for any multiple of yearly revenue (ie. essentially giving the business away and just selling the assets).
Contact us for a viewing and to find out more details about this great opportunity!
- Common areas to sit and relax
- Café catering to the local residents and other students in the area.
- The atmosphere is peaceful with tree arrangements and greenery offering an oasis of shade and tranquility
- So popular there is a booking que!
Property Detail
- Sale Price
- 85,000,000
- Bedroom
- 128
- Bathroom
- 128
- Interior size
- 4232.00 Sqm.
- Type
- Building
- Floor
- -
- Land size
- 3,116 Sqm.
Places Nearby
Pa Phai,
San Sai,
Chiang Mai
University
University
Maejo
- 2.05km
Location
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Properties ChiangMai Co., Ltd.
Agency
+66-94-638-xxxx
We have a large selection of Houses, Condos, Land, and Commercial Properties. Contact us today to get the conversation going!
Properties ChiangMai Co., Ltd.
| LINE: @properties-cm
| WhatsApp: +66 946381920
| FB Messenger: @propertieschiangmai
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| P: +66946381920
Properties in Pa Phai, San Sai, Chiang Mai
Properties ChiangMai Co., Ltd.
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Properties ChiangMai Co., Ltd.
Please quote project reference
Nestopa-PC-SAN008 when calling us.
