Student Dormitory for Sale in Phitsanulok, Naresuan University Zone

Student Dormitory for Sale in Phitsanulok, Naresuan University Zone, 42 Rooms, 1536 sqm

Highlights:
Located near Naresuan University Gate 5, a high-demand area with a constant supply of students.
Selling below appraised value (the 2019 bank appraisal was 20.4 million Baht).

Asset Information:
Asset Code: L083445
Property Type: Apartment/Dormitory
Land Size: 96.40 sq. wah
Usable Area: 1536.00 sqm
Floors: 4
Rooms: 42 bedrooms, 42 bathrooms
Appliances: 42 air conditioners

Details:
The building is a 4-story structure, consisting of 6 commercial units.
Land Size: 96.4 sq. wah.
Building Dimensions: A total width of 24 meters and a depth of 16 meters.
The dormitory has a total of 41 rental rooms (fully occupied).
Each room is 24 sqm.
20 rooms are for males and 21 are for females.

There is 1 office with an en-suite bathroom.

The ground floor has a vacant area suitable for a laundry shop, laundromat, or other business.

Current Rental Income: Each room is rented for 2,300 Baht/month (with annual contracts for all rooms). The average market rate in this area is 2,500-3,500 Baht/month.

Renovations: The property was renovated in 2022, with all new furniture and appliances.

Each room is fully furnished with curtains, mosquito screens, and awnings.
Every room includes an air conditioner, fan, TV, refrigerator, water heater, and an internal telephone.
Features: The roof has heat insulation.
Security: The building is equipped with a key card access system and CCTV cameras.

Nearby Locations:
Naresuan University (Gate 5)
Finley Land