For Sale: Dormitel Unit In Forbes Hall at Manila
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Property Updated Feb 29, 07:01 AMViews: 61

For Sale: Dormitel Unit In Forbes Hall at Manila

₱ 2,076,500
  • For Sale
  • Ready for Occupancy (RFO)
  • Studio
  • 1 Bathroom
  • 17.54 sqm.
Suggested gross household income/salary:
₱ 82,234 monthly income Request sample computation
5 years to pay at 7% interest
Property posted by:
Oliver Liwanag
Last online Apr 15
Contact the Seller
Inquire about this property
Provide your complete contact details to receive information faster.
Property posted by:
Oliver Liwanag
Last online Apr 15
Contact the Seller
Property Details
  • Number of Bedrooms: Studio
  • Number of Bathrooms: 1 bathroom
  • Unit Size in sqm: 17.54 sqm.
  • Property Condition: New - Ready for Occupancy (RFO)
Description

INVEST FOR PASSIVE INCOME! INVEST IN A DORMITEL!

FOR SALE: DORMITEL UNIT IN FORBES HALL

Address: G. Tuazon St, Sampaloc, Manila

Floor Area: 17.54 SQM

Price: Php 2,076,500

Current Rental Income: Up to Php 15,000 a month!

5th Floor Unit:

  • Three (3) Student Pods

  • One (1) Common Toilet and Bath

  • One (1) Common Refrigerator

  • One (1) Common Microwave Oven

  • One (1) Air con Unit

  • One (1) Ceiling Fan

Amenities:

  • Study Hall

  • Student Lounge

  • Fitness Gym

  • Half-Court Basketball Area

EARN PASSIVE INCOME BY INVESTING IN A DORMITORY UNIT

For you as a Property Investor, Forbes Hall Manila provides such a financial vehicle. Its modern, affordable, and secure accommodations are designed for the student who needs a place of residence near school while studying. Such a Dormitel like Forbes Hall is located in the heart of the University Belt of Manila.

Based on 2012 data, the U-Belt has over 205,000 students with at least 6,000 foreign student. Fifteen (15) colleges and universities are within 1 kilometer of Forbes Hall.

Coupled with lease management and property management services, Forbes Hall’s dorm units are an attractive hassle-free investment to earn leasing income. Marketing and leasing activities, collection, billing, maintenance, etc. are all handled for the enrolled unit owner, with rental income deposited quarterly to their bank accounts.

The Passive Income through the Lease is derived from the monthly rent of the Student Pods or Double Deck beds in the Forbes Hall unit less the monthly management fee for a unit you would invest in.

THIS ONE PARTICULAR UNIT IN THE 5TH FLOOR (17.54 Sqm) IS NOW UP FOR SALE by the owner giving you the opportunity to buy this income generating asset.

Property Affordability
Suggested gross household income/salary:
₱ 82,234 monthly income Request sample computation
5 years to pay at 7% interest
View properties I can afford
Inquire about this property
Provide your complete contact details to receive information faster.
Property posted by:
Oliver Liwanag
Last online Apr 15
Contact the Seller

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