Dormitory for Sale in Ban Du, Mueang Chiang Rai, Ready to Operate Immediately

Urgent sale: 3-story dormitory building with 26 rooms in the Ban Du area of Mueang Chiang Rai. Promising location near Chiang Rai Rajabhat University. 100% occupancy, ready for the business to continue operating immediately. Property details Asking price: 21,900,000 baht Transfer fees and taxes shared equally by both parties (50:50) Title deed: Red Garuda land title deed, free of encumbrances and ready for transfer Land and building information Land area: 171 square wah (0 rai 1 ngan 71 square wah) Total building floor area: 940 square meters 3-story reinforced concrete building, 10 years old Valid construction permit; land and building taxes paid in full City planning zone: pink Located on a dead-end lane, just 50 meters into the lane. Safe and above flood level. Interior space 26 tenant rooms (all air-conditioned, 16 square meters per room) 1 office room Covered and outdoor parking for 6 cars, plus motorcycle parking Furnishings and appliances include beds, wardrobes, air conditioners, televisions, refrigerators, fans, water heaters, and exhaust fans. Security system: 11 CCTV cameras around the building Investment and operating information Current occupancy is 100%. The main tenants are students and working people. Return on investment (yield): approximately 6% per year Total revenue of approximately 100,000 baht per month (if self-managed) The property is currently managed by a monthly sublessee who pays fixed rent of 65,000 baht per month. Utility charges: water at 30 baht per unit; electricity at 8 baht per unit The building has a solar power system with a total capacity of 5.5 kW (10 panels) to help reduce common-area electricity costs, plus a backup water tank and water pump. Nearby places Thanapiriya convenience store: 200 meters Ban Du fresh market: 800 meters Chiang Rai Rajabhat University: 1 kilometer Makro Chiang Rai: 3 kilometers Mae Fah Luang Chiang Rai International Airport: 4.5 kilometers Mae Fah Luang University: 9 kilometers For more information or to arrange a viewing in advance, please contact 081-032-1111 (Khun Heng)