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4 STOREY COMMERCIAL BUILDING

Basak, Mandaue City, Cebu, Philippines

Updated 3 days ago

₱20,000,000

For Sale

100 sqm Lot

400 sqm Floor


Property Details

Commercial

Type

Building

Subtype

Unfurnished

Furnishing

Amenities
Alarm System
Internet
TV Access
Wifi
Study Room

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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Rose Castillo

Rose Castillo

Listing Agent

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Property Price

₱20,000,000

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Loan Term

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Loan Amount

₱16,000,000

Down Payment

₱4,000,000

Est. Monthly Payment

₱143,956.15

for 20 years · 9% p.a.