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4 STOREY COMMERCIAL BUILDING
Basak, Mandaue City, Cebu, Philippines
₱20,000,000
100 sqm Lot
400 sqm Floor
Property Details
Commercial
Type
Building
Subtype
Unfurnished
Furnishing
Amenities
Description
An Income Generating 4- Storey Commercial Building located in Basak Mandaue City Ground Floor has an Office/Stockroom, kitchen, and small room but rented, and an Internet Cafe that is fully equipped, with functional 18 computers operated by the owner and earning P22K a week and P960K a year 2nd & 3rd Floors have 4 fully furnished Studio units for Rent at P10K per month with a potential income of P80,000 monthly and P960,000 yearly 4th Floor is a 90 sqm, Fully-Furnished 2-Bedroom Apartment for rent at P20K per month with a potential income of P240,000 yearly. Note All rooms are fully furnished with Big Bds, Air-Conditioning, CR, Fan, Refrigerator and TV plus The fourth floor is fully furnished with a Large Living Area and a good-sized kitchen. TV, Big bedrooms with wardrobes, and a two-way bathroom. The current occupancy rate is around 89%. potential income of P188,000 monthly and P 2,256,000.00 yearly. The property has a clear title and is not encumbered in any way
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Property Price
₱20,000,000
Down Payment
%
Interest Rate
%
Loan Term
yr
Loan Amount
₱16,000,000
Down Payment
₱4,000,000
Est. Monthly Payment
₱143,956.15
for 20 years · 9% p.a.
