Rush Sale: 3-storey dormitory for sale, across UC-Mandaue City @Php20M

Cebu, Mandaue, Alang-Alang
Sale: ₱ 20,000,000
20 Bedroom Commercial for sale in Alang-Alang, Cebu
Full description

Listing ID: 4f0584c8-49c0-41ee-a1e9-8204c9feaa3e

20 Bedroom Commercial for sale in Alang-Alang, Cebu

Rush Sale/Good Deal: Fully occupied three-storey dormitory near UC-Mandaue City. Captured tenants are mostly students of UCLM. This is a very good income-generating property.

Lot area: 380 sq.m.
Floor area : 750 sq.m. approximate
Monthly Income: Php 180k-200k
Titled Property

Old Selling Price: P25M net listing

New Selling Price: P 20M net listing

Note: Market value of the lot alone is @ P50k/sq.m. or P19million. The building is just valued @ P1M . So, this is really a good deal. In just 10 years time, your P20M investment will just be paid off by the income of the building.

Building Details:

* building is concrete (3-storey structure)
* 20 bedrooms (4 aircon rooms and 16 non-aircon rooms)
* 2 other bedrooms -extension of the dormitory
* each room has 4 bed spacers
* 1 canteen (also currently rented )
* all rooms are fully occupied

Selling Price: P20M
Sale Transaction: Net listing
Buyer's Account: capital gains tax, documentary stamp tax, notarial fee and transfer expense

For inquiries and assistance, please contact:

Licensed Real Estate Broker
License # 0005770
Leuterio Realty and Brokerage
Cebu City
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Details on Mariquita L. Boligol

Listing provided by Mariquita L. Boligol, Cebu City, Lalawigan ng Cebu, Pilipinas. Mariquita L. Boligol has 157 other listings.

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