Update May 31, 2018: 95% Occupancy Rate
Update April 10, 2018: 80% Occupancy Rate
Update March 21, 2018: Occupancy Rate have reached 70%!
Update Feb, 19, 2018: Occupancy Rate is now at 40%!
This is the second dormitory project for sale in Makati, a ‘soon-to-be’ dominant project in the dormitory building industry.
This Makati Building For Sale will house 22 units, once constructed at the fourth quarter (Q4) of 2017. With a selling price of ₱43,000,000 inclusive of 12% Value Added Tax, the total floor size would only cost ₱84,938.27 per sqm. Considering the whole building will be sold fully-furnished and fully-rented out, is the selling price is a complete bargain!
Each bedroom can accommodate 2 to 4 individuals and the whole 22 units will have a tenant capacity of 78 individuals.
Using the first iDorm as a basis for the success of this building, we can confidently project the following figures:
Here’s a more detailed view on its investment potential:
The seller can provide an in-house management team to take care of all the day-to-day operations of the dormitory in exchange for a certain retention fee. As a buyer, you will have the option to retain their services or provide your own management team.
And like its predecessors:
The building strictly does not allow visitors inside, each door is secured by a biometric to ensure that only designated tenants have access. Security personnel are on duty 24/7 and electric generators and emergency water pumps are always on stand-by.
The dormitory market is already heating up, Ayala Land & SMDC are already entering this niche segment. Take this great opportunity to own a piece of the market share. Time for you to own dormitory.
You need to view this Makati Building For Sale in person to appreciate it. Book a view schedule today! Call us at 09778591201.
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