Price reduced to 19.86 billion—15-room apartment building in Gò Vấp, annual cash flow of 1.07 billion, with a plan to increase it to 1.2 billion

If you’re looking for a fully completed serviced apartment building that’s already generating cash flow and can be put back into operation immediately after purchase, this property on Nguyen Tu Gian Street in An Hoi Tay Ward, Ho Chi Minh City, is definitely worth a look.

The price has been significantly reduced by more than 2 billion, and cash flow is currently available:
- Current asking price: 19.86 billion VND.
- The building is currently operating 15 rooms with revenue from the most recent period at 89.4 million VND per month, equivalent to approximately 1.07 billion VND per year if current occupancy levels are maintained.

Gross annual return is approximately 6% based on the asking price of 19.86 billion VND.

Revenue reports for each room, lease agreements, and tenant information are available for review.

Buyers can directly inspect the rooms, verify tenants, and review operational data before making a decision.

Note: 89.4 million per month represents actual revenue; it is not net profit and does not explicitly indicate profit.

Potential for revenue growth after taking over:
- The building currently operates 15 rooms.
- Based on an optimized rental pricing strategy, revenue could reach approximately 1.2 billion VND per year. This is an estimated revenue figure, not current revenue, and does not explicitly represent profit.

It is worth noting that the property has a fully established operational model, allowing investors to continue generating existing cash flow while exploring strategies to optimize revenue.

Ready to operate immediately upon purchase:
The building is fully constructed, features coordinated interior design, and is equipped with remote management and payment collection systems. The entity directly responsible for construction and operations can provide:
+ Room rate schedules and lease agreement templates.
+ Procedures for rent collection, guest services, and maintenance.
+ List of suppliers.
+ Remote management and operation guidelines.

Building details:
- Location: Nguyen Tu Gian Street, An Hoi Tay Ward, Ho Chi Minh City.
- Land area: 99.8 m².
- Dimensions: Approximately 5.92 x 16 m, with a rear width of 6.48 m.
- Total usable area: 435.7 m².
- Structure: 6 stories.
- Currently has 15 rooms with uniformly furnished interiors.
- Security cameras, fingerprint locks, and a fire protection system as per existing documentation.
- Equipped with a remote management, payment collection, and operation system.

Legal documents available for review prior to purchase:
The building has been officially completed. Legal documents and property information are provided for customers to review directly.

During a property viewing, you can verify the certificate of ownership, completion documents, land area, officially recognized building area, structure, number of stories, actual functionality, and existing fire safety documentation.

Prime location for rental investment:
From Nguyen Tu Gian Street, there is easy access to major roads in Go Vap and Tan Binh districts, making it convenient to reach Terminal 3, the airport, the golf course, Emart, markets, and areas with high demand for long-term rentals.

Asking Price: 19.86 billion VND—directly from the owner.
You are welcome to visit the property in person to review room-by-room revenue reports, tenant information, legal documents, and assess operational viability before making a decision*** (Thao) to receive revenue reports and schedule a viewing