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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