OPERATIONAL APARTMENT FOR SALE in LAPU-LAPU CITY, CEBU, PHILIPPINES

APARTMENT FOR SALE / HOUSE AND LOT / INCOME-GENERATING
Location: Pajac,Lapu-Lapu City,Cebu

Income-generating Apartment and Newly built house.

Monthly Gross Potential Income∶ Php 248,000
Annual Gross Potential Income: Php 2,970,560

Lot Area: 900 sq.m

Price: Php 50,000,000

IMPROVEMENTS:
Building No 1.One-Storey Apartment Fronting the Road
Building No.2.Two-Storey,Main Building
Building No.3.One-Storey 9-Door Apartment (Rear Portion)
Building No.4 - One-Storey 3-Door Apartment (Rear Portion)

Property Features:
-Perimeter Fence
-Gated Entrance
-New Water Tanks
-Underground Water Pump and Pressure Pump
-CCTV
-Internet Connection
-New Plumbing and Electrical wiring throughout
-AC throughout the complex

Contents:
95% contents,fixtures and fittings to be included with the sale.
To include Kitchenware,Furniture,TVs,Electrical Goods,17 Split Type
Inverter AC units and 10 standard AC Units,27 Bedrooms,13 showers

ACCESSIBILITIES:
-2 mins.drive to Sacred Heart Jesus Parish
-5 mins.drive to Gaisano Grand Mall Mactan
-10 mins.drive to Jpark Resort and Waterpark
-12 mins.drive to Plantation Bay Resort and Spa
-20 mins.drive to Shangrila Mactan
-15 mins.drive to Mactan Cebu International Airport
-20-30 mins.drive to Cebu City
-20 mins.drive to Parkmall
-30 mns.drive to SM Mall Cebu City
-10-20 mins.drive to Hospitals,Schools and Universities

Year built: Building No 2 Year 2022,Buildings 1,3,4 Refurbished Year 2023

NEIGHBORHOOD AND LOCATION:
The subject property is along a 6-meter-wide barangay road in Pajac,
Lapu-lapu City,Cebu,Philippines.The elevation is within road level and it is
about 600 meters from the main road.It is an area where the trend of land
utilization is predominantly residential.Generally,the street in the
neighborhood is designed to carry general cargos and light to heavy
pedestrian traffic.
Pajac is a barangay in the city of Lapu-Lapu.Its population as
determined by the 2020 Census was 22,116.This represented 4.44% of the
total population of Lapu-Lapu.The population of Pajac grew from 4,596 in
1990 to 22,116 in 2020,an increase of 17,520 people over the course of 30
years.The latest census figures in 2020 denote a positive growth rate of
5.18%,or an increase of 4,714 people,from the previous population of 17,402
in 2015.Considered as notable establishments in the vicinity are: Villa Sirocco
and Pajac Elementary School.
There was no history of flooding and traces of floods based on the site
survey and neighborhood interview conducted by the appraiser.

COMMUNITY FACILITIES AND UTILITIES:
Electric power,water supply,and telecommunication facilities are
available at the site and its neighborhood.Buses,jeepneys,and taxis are the
major modes of public transportation that connects from the location of the
subject property to different parts of Lapu-Lapu and its neighboring cities and
municipalities. Community facilities and utilities are maintained by the city
government and chartered private entities.

2nd floor 6 loft bedroom
Front building:4 units(building 2)
Apartment 1A -1 bedroom
Apartment 1B - 1 bedroom
Apartment 2 - 2 bedroom
Apartment 3 - 2 bedroom
Building 3 Room 1 - studio type
Room 2 to 12 small rooms with 7 common toilet and bath
Common kitchen

For your inquiries,viewing schedule,and reservation,please contact;

CHARLIE B.APARICIO,REA,REB
Licensed Real Estate Broker I Appraiser
APARICIO REALTY
PRC REB License # 033899
PRC REA License # 0011556
DHSUD COR # R7-B-07/24-8042
AIPO # A-0011556-PHILRES
PTR # BHL-8590150