Rare Income Property Near Two Universities – Phatthanakan 39 For sale: Student Dormitory Investment near Thai–Nichi Institute of Technology

Rare Income Property Near Two Universities – Phatthanakan 39 For sale: Student Dormitory Investment near Thai–Nichi Institute of Technology and Kasem Bundit University. Female + Male dormitories sold as a package to enhance overall yield. Existing rental income in place, ready for transfer.
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Property Overview An income-generating property located near Thai–Nichi Institute of Technology and Kasem Bundit University, in Phatthanakan Soi 39. Two student dormitory buildings (female & male) sold together as one package. Strong and recurring student rental demand with stable cash flow.\ Ideal for investors seeking properties near universities. Ready to operate immediately—no need to create a new rental market.
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Location Phatthanakan Soi 39, Suan Luang Subdistrict, Suan Luang District, Bangkok 10250
Google Maps:
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Property Details (Sold as a Package – 2 Buildings)
Building 1: Female Dormitory
✅ 4-storey commercial building
✅ Land size: 37 sq.wah
✅ 16 rooms | Rental rate: THB 3,000–3,300 per room
✅ Air-conditioning in all rooms
✅ 3 washing machines / 1 water vending machine
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Building 2: Male Dormitory
✅ 3-storey townhouse-style building
✅ Land size: 26 sq.wah
✅ Approx. usable area: 160 sq.m.
✅ 11 rooms | Rental rate: THB 3,000–3,300 per room
✅ Air-conditioning in all rooms
✅ 2 washing machines
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Security & Property Maintenance
✅ CCTV security system installed in all buildings
✅ Key card access control system
✅ Fire insurance in place for all buildings
✅ Well maintained by the current owner with continuous upkeep
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Income & Yield (Investor Perspective)
✅ Full potential rental income: approx. THB 70,000/month
✅ Based on 80% occupancy: approx. THB 56,000/month
✅ Annual income: approx. THB 672,000
Estimated Yield at selling price of THB 10.9 million:
≈ 6.1 – 6.2% per annum
Price is negotiable, offering potential for yield improvement.
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Key Investment Highlights
✅ Located near major universities with recurring student demand
✅ Female + Male dormitories sold together → balanced yield, lower risk
✅ Existing rental income—take over operations immediately
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Nearby Landmarks & Demand Drivers
✅ Thai–Nichi Institute of Technology 0.25–0.6 km / 4–8 minutes
✅ Kasem Bundit University (Phatthanakan Campus) 2.0–2.5 km / 5–10 minutes
✅ 7-Eleven 0.3 km / 1–2 minutes
✅ Lotus’s Phatthanakan 1.8 km / 5 minutes
✅ Thanya Park Srinakarin 3.5 km / 8–10 minutes
✅ Rajamangala National Stadium 4.5 km / 10–12 minutes
✅ CP Axtra Public Company Limited (Head Office) 3.0 km / 8 minutes
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✅✅ Selling Price THB 10,900,000 ✅✅
Sold as a package (2 buildings only)
Negotiable terms available
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Contact
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