74 Bedroom Hotel for sale in Pho Rai Wan, Phetchaburi

THB 32,000,000 | 74 Units | Approx. 2 Rai LandAn established income-producing apartment asset in a strategic location, just500 metres from Phetchaburi Rajabhat University.With 74 fully furnished units, established occupancy and additional income streams from utilities and on-site facilities, the property offers an attractive opportunity for investors seeking a long-term income-generating asset in Phetchaburi.Property Overview• Land size: Approx.3,200 sqm (2 Rai)• Building:4-storey apartment with elevator• Total units:74 fully furnished rooms• Estimated indoor area:Approx. 2,300 sqm• Estimated outdoor area:Approx. 900 sqm• Building age: Approx.8 years• Every unit equipped withair conditioning and furniture• Ready for immediate occupancyIncome Profile• Average monthly rent:THB 3,500 per unit• Current occupancy: Approx.90%• Combined rental, water and electricity income:Approx. THB 290,000/month• Reported annual income:Approx. THB 3.48 million/yearAdditional Revenue StreamsThe property also benefits from several on-site facilities generating additional income:• Ground-floor mini-mart• Coin-operated laundry facilities• Coin-operated water machinesLocation AdvantageLocated approximately500 metres from Phetchaburi Rajabhat University, the property benefits from an established rental market and consistent demand from students and local residents.Investment Highlights• Established income-producing asset• Strong university-driven rental location• 74-unit diversified rental base• Multiple sources of operating income• Fully furnished and operational• Bank appraisal reportedly aroundTHB 44 million• Asking price:THB 32 millionTransfer fees: 50/50 between buyer and sellerA rare opportunity to acquire an established apartment asset with an existing tenant base and multiple income streams in a proven rental location.