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   Date    Header Price  
27/06/2006  Chiang Rai Hotel and Guesthouse16 000 000
27/06/2006  Phuket Resort Hotel31 000 000
27/06/2006  Patong Guesthouse28 000 000
-- Business-other -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
27/06/2006

Apartment Block in very good condition

19 000 000
BKK1835B - This six year old Apartment Block is in very good condition, and sits in the Nongjok region of Bangkok, near a major University. There are beautiful views from the 55 rooms, and occupancy rates are good. Air-conditioning is featured in 19 of the rooms, and all 55 have balconies, private bathrooms, LAN internet access, televisions, beds, cupboards and tables. There is a Chanote freehold land title, and the building and land have been valued at 13,800,000 baht. Annual cash flow is 1,400,000 baht, out of receipts of 1,600,000 baht, and the owner is only offering the business as he needs to raise funds for another venture. Total floor space is 1,850 square metres, and the building has five floors, land area of 265 square wah and parking for 10 cars. Contact Sunbelt Asia to discuss this listing with one of our trained consultants.


Annual revenue 1,600,000 Baht ($40,000)

Annual Owner\'s benefit (earnings before taxes and depreciation) 1,400,000 Baht ($35,000)

Furniture, Fixtures & Equipment included in the Investment Price 13,800,000 Baht ($345,000)

Your Total Investment to own this business 19,000,000

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