For Sale Income Generating 5-Door Apartment along Rabaya St., Cansojong near SRP Talisay

₱ 11,900,000.00
For Sale
Rafael Rabaya Road, Talisay, Cebu, Philippines
Code:
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Property Features

Lot Area
260 sqm
Beds
5
Baths
5
Property Type
Apartment
Views
1093
Posted
May 07, 2024

Description

For Sale Income Generating 5-Door Apartment along Rabaya St., Cansojong near SRP Talisay

Great Income Potential for Airbnb or Short-term Rental

LOCATION:

* Along Rabaya St., Cansojong, Talisay City, Cebu
* 3 min to Talisay SRP (Just an ebike ride to SRP)
* 6 min to Gaisano Tabunok
* Great Location near both highway and SRP
- 9 min to IL Corso
- 11 min to NuStar
- 15 min to SM Seaside

DETAILS:

* Lot Area:
- 260 sqm

* Total Floor Area:
- 130 sqm + 40 sqm terrace

Five (5) Studio Units (around 20 sqm floor area each unit)

- 2 Units on the 2nd Floor
- 3 Units + Storage/Caretaker Room on the Ground Floor
- Outdoor CR, Laundry Line, 5 Parking Slots

- All Semi-furnished (Bed, Mattress, Table/Bar, Chairs/Stools, Built-In Cabinets & Storage
- Each Unit w/ Own CR, Kitchenette, & Parking Slot
- Submetered Electricity & Water
- Studio Type / Open Layout (Industrial Design)

* Much Room For Expansion/Improvement (to Build More Units In The Future)
* Great Potential Especially With Developments In SRP
* Ideal For Retirees Or OFWs Or Anyone Looking For Stable Investment

* Income-Generating, FULLY-RENTED
- P8,500/mo per unit @ 1 yr Contract Long Term
- P8,500/mo×4 units = P34,000/mo×12 mos = P408,000/yr Annual Income

NOTE:

* The 1 unit is not rented since the owner currently lives there, but can be easily rented out long-term or short-term at P1,500/day by the new buyer)

RFS:
* Owner needs Additional Funds for Other Commercial Investment

TOTAL INVESTMENT:
* P11.9M Cash (net of taxes)

Location

Rafael Rabaya Road, Talisay, Cebu, Philippines
Michael Angelo Joaquin

Real Estate Professional

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