Multi Residential Property

Overview   Ref# 718

Price: 
P4 800 000
Contract type: 
Sale
Location: 
Riverside
Bathrooms: 
17
Bedrooms: 
26
Built Area: 
983m2
Plot Size: 
4738m2
Ownership Type: 
Leasehold
Tenure: 
50years
Title Type: 
Title Deed
Sold

Description

A fully tenanted 16-rental unit multi-residential property located within only 1km radius distance from the town centre of Maun. The multi-residential consists of six single-storey blocks of which 7 units are one-bedroomed, eight units are two-bedroomed and a three-bedroomed main house. The open market value of the property is P5,500,000.00.
A durable face brick-built paved property with a building age under 15 years.
The property is within easy reach from town and the area is a mixed residential and commercially zoned area along the main road network.
The entire property is currently rented to one tenant with a signed lease contract under a Government ministry and current owner.
A reliable and consistent cash flow of gross rent received at P52,216.00 per month is paid quarterly to the landlord.

 
 

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Property Valuation & Financing