With an annual occupancy rate of approximately 80% of these fully furnished accommodation units, it makes this investment a profitable venture for the discerning investor who would like to extend their portfolio or enter the hospitality arena. Most rooms are permanently reserved by university or college students paid in advance as the location is very near both Udonpittayanukoon School and Udon Rajabhat University. The balance of the remaining rooms are rented on a daily basis to travelers or families of students. Financials are available to genuine buyers. Average room rates are 3,900 THB per month. Motorcycle parking is available whilst CCTV cameras monitor the premises. Laundry facilities also generate income. For the benefit of students studying or guests visiting, WiFi coverage is throughout. All rooms are fully furnished.
Now, whilst you are receiving a generous income from rentals, the owners can relax in a huge private residence comprising 325 Sq. Mt’s which includes 5 bedrooms, 4 bathrooms, western kitchen, air conditioning, 3 flat screen TV’s and private double parking. The main rooms are extremely spacious and include quality full furnishings throughout. A relaxing Jacuzzi is the main en suite. Everything is extremely well-appointed inside. This owners residence would command a high price alone, without the addition of the rental units or land value.
View the map to see the prime location of this property, situated in a highly sought after central city region of Udon Thani. Consider the value of land, Rental income, size of private residence and you have a recipe for success. Perhaps consider a small restaurant to cater for tenants to increase income?
We ask you to make an appointment to view privately with Duean (Eng. and Thai) +66943738998 firstname.lastname@example.org Genuine buyers only please.
- 30 Room accomodation with an average of 80% occupancy rate
- Access to a variety of restaurants and food shopping
- Central Udon City
- Close to schools and Universities
- Excellent water storage and delivery
- Fully furnished accomodation and residence
- Home is 325 Sq Mts
- Jacuzzi within the main residence
- Rental space is 848 Sq. Mts
- Undercover parking for all living here