126 Bedroom Apartment for sale in Wat Tha Phra, Bangkok

7.5% Yield!! Rare Opportunity – 7-storey apartment building for sale in a high-demand area near MRT Charan 13. Strong structure, consistent high occupancy, generating over THB 5.2 million net profit per year, with potential for even more if managed well.
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✅ Location: 200 sq.wah (~800 sqm)
✅ Usable Space: Approx. 3,200 sqm
✅ Total Units: 126 rooms (58 with air-conditioning, 68 with fans)
✅ Occupancy Rate: ~90%
✅ Lift: 1 elevator
✅ Location: Charansanitwong Soi 12, Wat Tha Phra Sub-district, Bangkok Yai District, Bangkok 10600
✅ Zoning: Brown Zone (Y.8)
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Building Details
✅ 7-storey apartment building
✅ Room rental rates: THB 2,500 – 4,500/month, based on room size
✅ Security deposit: 1 month (does not include daily rental rooms)
✅ Daily rental room rate: THB 400/day
✅ 3 commercial shops at front: generates ~THB 8,000/month
✅ Water & electricity charged at profit:
✅ Electricity: THB 8/unit
✅ Water: THB 18/unit
✅ Estimated utilities profit margin: ~15%
✅ Internet: THB 100/month per room
✅ Common area fee: THB 200/month per room
✅ Housekeeping staff salary: THB 18,000/month for 2 staff
✅ Additional income sources:
✅ 7 coin-operated washing machines: THB 8,000–10,000/month
✅ Water vending machine rental: THB 1,000/month
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Financial Summary
✅ Monthly Income: ~THB 480,000–520,000
✅ Net Profit After Expenses: ~THB 430,000–460,000/month
✅ Annual Net Profit: ~THB 5.2 million
✅ Yield: ~7.5% annually
✅ Daily rental license can be obtained
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✅✅Selling Price THB 69.5 million (Reduced from THB 75 million)✅✅
Approx. THB 550,000 per unit
Golden opportunity in a high-demand rental area near MRT, ideal for investors seeking stable passive income
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Prime Location Highlights
✅ 3 min walk to MRT Charan 13 (Blue [hidden line] /> ✅ In a high-density residential and employment area
✅ Surrounded by major amenities:
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Nearby Places:
✅ The Mall Tha Phra: 9 mins
✅ Talat Phlu: 13 mins
✅ Asiatique: 14 mins
✅ Central Rama 3: 19 mins
✅ Central Pinklao: 15 mins
✅ Samitivej Thonburi Hospital: 13 mins
✅ Phyathai 3 Hospital: 10 mins
✅ Somdet Phra Pinklao Hospital: 16 mins
✅ Siriraj Hospital: 14 mins
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Contact Info
Call: Khun Tai – [hidden phone]
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[hidden line] @thpropertyinvestor (with @)
Website: [hidden url]