For Sale Income Generating 5-Door Apartment along Rabaya St., Cansojong near SRP Talisay

Property Description

This Apartment in Rafael Rabaya Road, Talisay, Cebu, Philippines is for sale at ₱11,900,000. It features 5 bedrooms and 5 bathrooms with 130 sqm of floor area.

For Sale Income Generating 5-Door Apartment along Rabaya St., Cansojong near SRP Talisay Great Income Potential for Airbnb or Short-term Rental LOCATION: * Along Rabaya St., Cansojong, Talisay City, Cebu * 3 min to Talisay SRP (Just an ebike ride to SRP) * 6 min to Gaisano Tabunok * Great Location near both highway and SRP - 9 min to IL Corso - 11 min to NuStar - 15 min to SM Seaside DETAILS: * Lot Area: - 260 sqm * Total Floor Area: - 130 sqm + 40 sqm terrace Five (5) Studio Units (around 20 sqm floor area each unit) - 2 Units on the 2nd Floor - 3 Units + Storage/Caretaker Room on the Ground Floor - Outdoor CR, Laundry Line, 5 Parking Slots - All Semi-furnished (Bed, Mattress, Table/Bar, Chairs/Stools, Built-In Cabinets & Storage - Each Unit w/ Own CR, Kitchenette, & Parking Slot - Submetered Electricity & Water - Studio Type / Open Layout (Industrial Design) * Much Room For Expansion/Improvement (to Build More Units In The Future) * Great Potential Especially With Developments In SRP * Ideal For Retirees Or OFWs Or Anyone Looking For Stable Investment * Income-Generating, FULLY-RENTED - P8,500/mo per unit @ 1 yr Contract Long Term - P8,500/mo×4 units = P34,000/mo×12 mos = P408,000/yr Annual Income NOTE: * The 1 unit is not rented since the owner currently lives there, but can be easily rented out long-term or short-term at P1,500/day by the new buyer) RFS: * Owner needs Additional Funds for Other Commercial Investment TOTAL INVESTMENT: * P11.9M Cash (net of taxes)