LADIES DORMITORY FOR SALE
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- Commercial Type: Building
GOOD RENTAL BUSINESS LADIES DORMITORY
OPERATIONAL ALREADY NEAR VELEZ COLLEGE DORMITORY BUILDING
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Ramos Area Cebu City Near Velez Hospital & Medical College, St Paul College, Magsaysay School
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Lot Area 196 sqm Floor Area around 380 sqm
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Last Major Renovation yr2022
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2 Storey Concrete Building made of marble floorings, Mactan rock wall.
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Dormitory Features 16 rentable rooms all with Air-conditioning Units
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1 store unit
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7 T&B Cooking area
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Dining area
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Study area
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Laundry area
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Balcony
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Security camera 24/7
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Wifi Internet
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Solar lamp
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2 water sources (deep well & MCWD) with a 10cubic Water Tank
Selling Price 22,000,000 Net of Taxes / Negotiable
Present Income 127,000 Monthly (1,524,000 Yearly) can still be Increased
Return On Investment is 7.5% per year or more Higher than Bank Interest
INCREASE of VALUE & INCOME
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2 more units are available for Rent around 15K additional income per month if rented
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Tenant Profile Medical Student of Velez College with yearly Rental Contract & Rental Escalation 5% - 10% per year
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Property BIR Zonal Value is about to Increase by Year End of 2022
OTHER INCOMES
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All Rooms Electric is Submeter
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Hot & Cold Purified Water is Coins Operated Vendo Machine
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Laundry is per Kilo Pick up & delivery every day
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Frequently asked questions about LADIES DORMITORY FOR SALE
How much is the monthly payment for this property?The monthly payment is ₱ 348,501 for 5 years for a downpayment of ₱ 4.40M
Where is the property located?The property is located in Cebu City, Cebu. You can view more Commercial and Industrial Properties for sale in Cebu City, Cebu on this page
Who can I contact if I am interested with the property?If you are interested with the property or if you need more information, you can leave a message to Kent on this page. Kent will immediately get back to you after receiving your message.
Where can I find more details about cebu foreclosed propertiesIf you are looking for more information about cebu foreclosed properties, you can check cebu foreclosed properties from this page.