7-storey apartment building for sale in a high-demand area near MRT Charan 13. Strong structure, consistent high occupancy

7.5% Yield!! Rare Opportunity – 7-storey apartment building for sale in a high-demand area near MRT Charan 13. Strong structure, consistent high occupancy, generating over THB 5.2 million net profit per year, with potential for even more if managed well.

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✅ Location: 200 sq.wah (~800 sqm)

✅ Usable Space: Approx. 3,200 sqm

✅ Total Units: 126 rooms (58 with air-conditioning, 68 with fans)

✅ Occupancy Rate: ~90%

✅ Lift: 1 elevator

✅ Location: Charansanitwong Soi 12, Wat Tha Phra Sub-district, Bangkok Yai District, Bangkok 10600

✅ Zoning: Brown Zone (Y.8)

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Building Details

✅ 7-storey apartment building

✅ Room rental rates: THB 2,500 – 4,500/month, based on room size

✅ Security deposit: 1 month (does not include daily rental rooms)

✅ Daily rental room rate: THB 400/day

✅ 3 commercial shops at front: generates ~THB 8,000/month

✅ Water & electricity charged at profit:

✅ Electricity: THB 8/unit

✅ Water: THB 18/unit

✅ Estimated utilities profit margin: ~15%

✅ Internet: THB 100/month per room

✅ Common area fee: THB 200/month per room

✅ Housekeeping staff salary: THB 18,000/month for 2 staff

✅ Additional income sources:

✅ 7 coin-operated washing machines: THB 8,000–10,000/month

✅ Water vending machine rental: THB 1,000/month

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Financial Summary

✅ Monthly Income: ~THB 480,000–520,000

✅ Net Profit After Expenses: ~THB 430,000–460,000/month

✅ Annual Net Profit: ~THB 5.2 million

✅ Yield: ~7.5% annually

✅ Daily rental license can be obtained

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✅✅Selling Price THB 69.5 million (Reduced from THB 75 million)✅✅

Approx. THB 550,000 per unit

Golden opportunity in a high-demand rental area near MRT, ideal for investors seeking stable passive income

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Prime Location Highlights

✅ 3 min walk to MRT Charan 13 (Blue Line)

✅ In a high-density residential and employment area

✅ Surrounded by major amenities:

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Nearby Places:

✅ The Mall Tha Phra: 9 mins

✅ Talat Phlu: 13 mins

✅ Asiatique: 14 mins

✅ Central Rama 3: 19 mins

✅ Central Pinklao: 15 mins

✅ Samitivej Thonburi Hospital: 13 mins

✅ Phyathai 3 Hospital: 10 mins

✅ Somdet Phra Pinklao Hospital: 16 mins

✅ Siriraj Hospital: 14 mins

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Contact Info

Call: Khun Tai – 087-907-9524

Line ID: soraphon9

Line Official: @thpropertyinvestor (with @)

Website: www.thaipropertyinvestor.net