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   Date    Header Price  
27/06/2006  Phuket Hotel, 120 m from Karon beach29 500 000
-- Business-other -- Bangkok and Vicinities -- Samut Prakan -- --   GE Edit
27/06/2006

6storey apartment block in Samutprakarn

45 000 000
BKK1521A – Become a landlord by acquiring this large six storey apartment block in Samutprakarn. Over the last 10 years the 124 rooms have always been full, mainly due to the location, near a factory that has over 20,000 employees. Rentals start at around 1,350 baht to 1,550 baht per month, and gross incomes, after payment of all expenses, are around 150,000 to 180,000 baht per month. This all equates to annual profits of 2 million baht from revenues of 2.3 million baht. The current owner is only leaving this steady earner as he has reached retirement age. There is also a large car park to be owned here, measuring over 3,400 square metres. The investment required to own this property is obviously large, but for your money, you will get a valuable piece of Bangkok real estate, worth an estimated 20 million baht, continued growth, and a steady income.


Annual revenue 2,300,000 Baht ($57,500)

Annual Owner\'s benefit (earnings before taxes and depreciation) 2,000,000 Baht ($50,000)

Furniture, Fixtures & Equipment included in the Investment Price 20,000,000 Baht ($500,000)

Your Total Investment to own this business 45,000,000

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