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Freehold 35-room Apartment Building On A Main Road For Sale

Jomtien, Chon Buri, Thailand
Asking Price:
$1,656,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Freehold 35-Room Apartment Building on a Main Road in Pattaya-Jomtien
Listing No. 066-12-05-054

• Business: Apartment Building
• Location: Jomtien, Chonburi, Thailand
• Features: This fully furnished apartment building in Pattaya is being offered for freehold sale (Nor Sor 3). The building has 35 rooms and all rooms are fully furnished. All the rooms have their own balcony and en-suite bathroom (with separate wet and dry areas), are air-conditioned, and have normal inclusions like TV, cabinet, sofa and beds. The building is located on a main road between Pattaya and Jomtien, and it's only 850 meters to the world-famous Walking Street and Bali Hai pier. There is also a large terrace on 4th level which could be turned into a small outdoor bar, cafe or convenience shop to increase revenue. The building is conveniently located on a baht-bus route between Pattaya and Jomtien Beach. All rooms are also connected with CCTV at the front desk. Currently, there is a tenant who pays rent and key money. However the owner stated she already discussed with current tenant, if a new owner wants to run the business themselves. The current business has been branded for daily and monthly rental successfully for many years. The sale of the building has come about due to the owner wanting to devote her time to her family and her little son. The building is in great condition and no money needs to be spent on renovation. Inspection is a must!. There is no company offered with this listing. Asking price includes stock on hand at the time of transfer and the owner will assist with transitioning. Financial records are available and may be viewed upon Inspection AND after completing a Non-Disclosure Agreement (NDA).
• Tenure: Property for Sale (Freehold)
• Asking Price: THB 50,000,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist

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