Newly constructed, fully tenanted Makati dormitory building

Listing Details

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Newly constructed, fully tenanted Makati dormitory building

8.6% Rental rate of return from NET INCOME!

This newly constructed and fully tenanted Makati building is waiting for a new investor owner!

As we continue to adjust with the different challenges brought about by this current pandemic (COVID-19 Virus), living near your work place has become part of the “new normal” here in our country. More and more companies and their employees now consider co-living spaces as a solution to the two most common problems we have now, the threat of being infected by the virus and the lack of public transportation.

We are pleased to announce that the building is now 100% leased. Given its strategic location and unique features, several companies saw the said property as the best solution to their employee housing needs. This further proves that this property is a viable investment option right now during these unprecedented times.

Building is offered as an operational property investment, generating passive income for the Investor/s, while Keller Williams Makati CBD and owner will take care of marketing, managing and maintaining the dormitory.

The Selling Price for the whole building is PHP 247,000,000.00 (VAT Inclusive).

OVERVIEW
➢ No. of Floors: 6
➢ No. of Units: 89
➢ No. of Tenants per Room: 4, 6 & 8
➢ Maximum Tenant Capacity: 440
➢ Type of Units: Studio
➢ Unique Features:
➢ Fully-furnished Units
➢ Reception Lobby
➢ Kitchen Pantry Area at Roof Deck
➢ Roof Deck Dining Area
➢ Biometrics & Facial Recognition Access
➢ CCTV Monitoring System
➢ Status: Completed last May 2020

More details? Owner will entertain with your signed LOI with offer amount and your payment plan!
REBs are also welcome with your clients’ signed LOI with offer amount and payment plan!

Features

  • Total Lot Area (sqm)

    346

  • Asking Price per sqm (FA or LA)

    117000

  • Year Constructed

    May 2020

  • Level/Storeys

    6

  • Total Floor Area (sqm)

    2108

Location