Service Apartment for sale with 86 rooms located in Jed Yod, Chang Phueak , Chiang Mai Town ฿50,000,000/1 Rai (1,600 Sq.m)

# Service Apartment for sale with 86 rooms located in Jed Yod, Chang Phueak , Chiang Mai Town

Good location and surrounding with many shops, restaurants, Shopping mall, best hospital in the north of Thailand, Chiang Mai University, Rajamangala University of Technology Lanna, , Chiangmai Zoo, Malin Plaza, Chiangmai Zoo and many famous tourist attractions in Chiang Mai. Only 1.8 kilometers from Maya Nimmanhaemin intersection, Chiang Mai.

There are 2 buildings and 1 single storey house. The front 1 building is 5 floors high and the back is 3 floors high.
Number of rooms for rent: 86 rooms + 1 Special room for the owner with 1 bed, 1 livingroom.
Type 1: Fan rooms, 68 rooms, price 3,200 baht / room
Type 2: 11 air-conditioned rooms, price 3,600 baht / room
Type 3: 1 air-conditioned room, price 4,000 baht / room
Type 4: 4 air-conditioned rooms, price 5,000 baht / room (with refrigerator, dining table)
Type 5: 4 extra large air-conditioned rooms, price 6,500 baht / room
# Average annual occupancy rate is more than 95%.
# Average gross income more than 300,000 baht / month, average expenditure 80,000 baht / month (employee salary, 12-hour security guard, electricity, water, internet) Net income before taxes Average more than 200,000 baht per month (for more than 3 continuous years)
# Most of the rent customers are students from Chiang Mai University and Rajamangala University of Technology Lanna, more than 80 percent. Both tenants
# Special foundation laying structure Earthquake resistant

Please let me know if We can do more to support this, feel free to contact us or welcome to our  office Paul&Esther Real Estate @  89 Plaza ChiangMai   or call to us  

Mr. Paul Chuenchai    Mobile  087-300-5078
Ms. Esther Chuenchai Mobile 085-614-8205
Mr.Kanong (Deang)    Mobile 063-589-1419 
Office RealtorCM        Mobile 093-032-3738                                                                                   

By Paul&Esther Real Estate Co.,Ltd 
@ Thailand RESAM ( Thai Real Estate Sales and Marketing Association)
@ IEA InstituteI of Estate Agents, Singapore Mr.Paul (MR.Bhumarin Chuenchai) / M’ship No: L00035 Certified Course in Marketing of Foreign Properties  (CCMFP; Thailand, Singapore, Malaysia, Indonesia, Philippine, Japan, China, Australia, New Zealand, India and United Kingdom)

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How to inspect land through Paul&Esther Real Estate?

1. Due diligence on the property.
1.1 Check the property title, tenure, location, features and amenities.
1.2 Ascertain the details and specifications of the property, and get a better knowledge and understanding of the property and its surroundings by visiting the site.
1.3 If engaging third parties to do due diligence, ensure that the third parties are qualified to perform due diligence.
2. Due diligence on claims
The Conduct due diligence checks on claims related to the property

MORE INFORMATION welcome to "REALTORCHIANGMAI OFFICE" and feel free for our consult.

Chiang Mai MapZone 22 Chiangmai University
Education places & important government center
@ Chiang Mai University
@ Rajamangala University of Technology
@ Chiangmai Zoo
Shopping mall, Plaza, enjoy life style
@ Chiang Mai Complex
@ Chiangmai International Convention and Exhibition Center
@ 700th Anniversary Chiangmai Sports Complex
Hotel&Resort
@ Kireethara Boutique Resort Chiangmai
Restaurant & Cafe
@ Wild coffee & bistro

If you are interested in this property, do not hesitate to contact us to arrange a viewing or request further information.