CDN - FOR SALE: Apartment Building in Rizal Village, Brgy. Cupang, Muntinlupa City

A 4 story Apartment building For Sale in Alabang Muntinlupa City. Located in a Residential
Village in the Alabang Muntinlupa Area. Located directly behind the North-Gate / Cyber-Zone, very near FEU Alabang and Bellevue Hotel in Alabang.

Perfect for Rental Units of employees of HSBC, Concentrix, Google, Amazon who have offices at the Cyber-Zone, or students in FEU Alabang for a dormitory. Or it can be a 2 star Hotel for AirBnb bookings.

The Apartment Building has a total of 58 rooms for Rent with sizes ranging from 10 sqm Studio Units to 34 sqm double bedroom units. All of which comes with a private toilet and bathroom, kitchen unit, aircons, sprinkler, and, a key card door. The building also has an 10 car parking, a attractive reception area, with a sitting area. All rooms come with a sub meters, for long term stay. It also a PWD toilet and ramp at the main lobby, maintenance and storage room, water pump, fire pump, and generator area.

The Title is under a single company, potential buyer ideally will buy the company to save on other charges. Business investment for passive income.

Lot Area: 461 sqm
Floor Area: 1,243 sqm
Total 60 Bedrooms (2 rooms used for employees) 58 rooms for Rental

Note:
- The Company holds only this Asset
- Monthly income as of today is P450,000.00 (July 9, 2024)
- Operating Expense P50,000.00 monthly

- When Fully Occupied Monthly income is P700,000.00
- Less Operating Expense of P50,000.00. Net Income P650,000.00 per month


Asking Price: P85 Million (to buy the company including the Building, company hold this property as a single asset. P105 Million if just the property )


Listing Broker: Clement Dizon