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Building 8 units, 2 floors for rent cheap suitable for AirBNB, Hostel located in the heart of Bangkok, Bangrak area is a residential area that foreigners like because it is in the heart of the city, near Yaowarat, Silom, Saphan Lueang various important economic areas for example near the Russian Embassy, Santiphap Alley can also go through to Sap Road, Nares Road, surrounded by educational institutions such as Chulalongkorn, Chula Demonstration School, Triam Udom, Bangkok Christian and many leading department stores. And it is the location of the head offices of many leading companies Detail: It is an old building, 8 units, 2 floors each Rental price 150,000฿/month Pay for 4 months and you can move in Can be rented long term for 3+3 years Can be used as a Hostel or AirBnB The owner has tried to renovate 1 building as shown in the picture using a budget of 400,000฿ (to be done in 2023) Area in front of the building Can make a car park ▶️Car park size: 8 x 32 meters wide ▶️Building size: 4 meters wide, 8 meters long Rough estimate (1 done as shown in the picture) Cost to make 7 units: about 3.5M ฿ If you calculate the income of a cheap hostel in that area, 2,000 per night Assume that you make 2 rooms per building, just 16 rooms You will get an income of 960,000฿ per month (4 months break even) or If you calculate the rent at 1,500฿/day 1,500฿ x 30 days X 16 rooms (7 months break even) Check out Google Map here https://goo.gl/maps/yXCutpcT5z8B74J16 1 km from MRT Sam Yan (3.5 mins) 1.1 km from Russian Embassy (4 mins) Near Lumphini Park and BNH Hospital, Thai Red Cross Society, Bangkok Christian Hospital
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