Income-Generating Dorm Building | Canopy Building Makati | ₱200M Gross

DS88-003181

Category:
Commercial

Location:
Canopy Building, 2990 Balabac Street, Brgy. Pinagkaisahan, Makati City

Lot Area:
204 sqm

Title Status:
Mortgaged

Condition:
Fully-Furnished

Total Selling Price:
₱200,000,000.00 Gross
(₱181,818.00 per sqm)

Key Property Details:

Lot Area: 204 sqm

Approx. 1,100 sqm total floor area

45 Studio units (Dorm-type setup)

Fully furnished

Income-generating property

Located near BGC

Unit Highlights:

Generating approximately ₱10,000,000 annually

With bar/dining component

Strong rental demand due to proximity to BGC

Ideal for investors seeking stable cash flow

Part of a portfolio of similar dorm properties:

• 2672 Agutaya – 52 studio units (204 sqm LA) ~ ₱11M annual income (with gym) – Asking ₱220M

• 3451 Gracia Street – 57 studio units (227 sqm LA) ~ ₱12M annual income (with pool + gym) – Asking ₱240M

Upcoming projects:

• Gabong Street – 42 Studio Units (beside Wells Fargo)

• Colonel Santos Street – 62 Studio Units (beside JPMorgan)

Option to purchase entire portfolio for ₱1,000,000,000

Janssen Mendoza
Real Estate Broker

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