Service Apartment for Sale in Gò Vấp: 21.9 Billion VND, 6 Floors, 15 Fully Furnished Rooms, Monthly Revenue of 89.4 Million VND
Hồ Chí Minh, Quận Gò Vấp
17Beds17Baths99.80m²
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About this property
If you are looking for a service apartment that can be immediately operational upon purchase, this property in Gò Vấp is worth considering.
The building is fully constructed and features 15 operational rooms, complete with revenue records for each room available for buyer verification. You can visit the property, check the tenants, and review the figures before making a decision.
Property details:
- Address: Street Nguyễn Tư Giản, Ward 12, District Gò Vấp, Hồ Chí Minh.
- Land area: 99.8 sqm.
- Dimensions: Approximately 5.92m x 16m, with a rear width of 6.48m.
- Total usable area: 435.7 sqm.
- Structure: 6 floors.
- Current scale: 15 rooms.
- Uniformly invested interior.
- Equipped with security cameras, fingerprint locks, and a fire protection system as per existing records.
- Includes a management system for remote operation and payment collection.
Actual revenue of 89.4 million VND/month:
According to the latest operational report, the building generates approximately 89.4 million VND per month, equating to about 1.07 billion VND annually if the current operational level is maintained. This represents a gross revenue yield of approximately 4.9% per year based on the asking price of 21.9 billion VND. Please note that this is revenue, not net profit or guaranteed profit.
Buyers can request to review the revenue reports for each room, existing lease agreements, tenant status, and the condition of the interior.
No need for setup from scratch:
Common concerns when purchasing a service apartment include the need for additional completion, finding tenants, and rebuilding the operational system. In this property, the construction, interior, and operational model are already established. The new owner can take over the current operations instead of starting from a vacant property.
The direct construction and management unit can provide a room pricing list, sample lease agreements, payment collection procedures, maintenance processes, and a list of current suppliers.
The optimal rental strategy could aim for an annual revenue of approximately 1.3 billion VND. This is a projected operational goal, not current revenue, and does not guarantee profit.
Clear legal status and completion:
The building has been completed. Legal documents and property information are available for buyers to verify before making a deposit.
During the property visit, you can cross-check the certificate, completion information, land area, recognized house area, structure, number of floors, actual functionality, and existing fire protection records.
Ideal location for rental exploitation:
The property is situated in the Nguyễn Tư Giản area, conveniently connected to major roads in Gò Vấp and Tân Bình; easy access to T3 station, the airport, golf courses, Emart, markets, and areas with long-term rental demand.
Asking price: 21.9 billion VND:
Direct dealings with the owner.
You don’t have to take the numbers in the listing at face value. Come and see the building, check the revenue records, verify the legal status, and assess the actual operational capabilities before making a decision.
Call or text 0945 586 *** to receive revenue documents and schedule a property viewing
The building is fully constructed and features 15 operational rooms, complete with revenue records for each room available for buyer verification. You can visit the property, check the tenants, and review the figures before making a decision.
Property details:
- Address: Street Nguyễn Tư Giản, Ward 12, District Gò Vấp, Hồ Chí Minh.
- Land area: 99.8 sqm.
- Dimensions: Approximately 5.92m x 16m, with a rear width of 6.48m.
- Total usable area: 435.7 sqm.
- Structure: 6 floors.
- Current scale: 15 rooms.
- Uniformly invested interior.
- Equipped with security cameras, fingerprint locks, and a fire protection system as per existing records.
- Includes a management system for remote operation and payment collection.
Actual revenue of 89.4 million VND/month:
According to the latest operational report, the building generates approximately 89.4 million VND per month, equating to about 1.07 billion VND annually if the current operational level is maintained. This represents a gross revenue yield of approximately 4.9% per year based on the asking price of 21.9 billion VND. Please note that this is revenue, not net profit or guaranteed profit.
Buyers can request to review the revenue reports for each room, existing lease agreements, tenant status, and the condition of the interior.
No need for setup from scratch:
Common concerns when purchasing a service apartment include the need for additional completion, finding tenants, and rebuilding the operational system. In this property, the construction, interior, and operational model are already established. The new owner can take over the current operations instead of starting from a vacant property.
The direct construction and management unit can provide a room pricing list, sample lease agreements, payment collection procedures, maintenance processes, and a list of current suppliers.
The optimal rental strategy could aim for an annual revenue of approximately 1.3 billion VND. This is a projected operational goal, not current revenue, and does not guarantee profit.
Clear legal status and completion:
The building has been completed. Legal documents and property information are available for buyers to verify before making a deposit.
During the property visit, you can cross-check the certificate, completion information, land area, recognized house area, structure, number of floors, actual functionality, and existing fire protection records.
Ideal location for rental exploitation:
The property is situated in the Nguyễn Tư Giản area, conveniently connected to major roads in Gò Vấp and Tân Bình; easy access to T3 station, the airport, golf courses, Emart, markets, and areas with long-term rental demand.
Asking price: 21.9 billion VND:
Direct dealings with the owner.
You don’t have to take the numbers in the listing at face value. Come and see the building, check the revenue records, verify the legal status, and assess the actual operational capabilities before making a decision.
Call or text 0945 586 *** to receive revenue documents and schedule a property viewing
Details
21.9B VND ≈ $860,670 USD| Property type | Căn hộ chung cư |
| Status | For Sale |
| Location | Hồ Chí Minh, Quận Gò Vấp |
| Size | 99.80 |
| Bedrooms | 17 |
| Bathrooms | 17 |
| Interior | Đầy đủ, hiện đại |
| Legal Type | Sổ hồng chính chủ |