For Sale: Dormitel Unit In Forbes Hall at Manila, Metro Manila
Address: ┬áG. Tuazon St, Sampaloc, Manila, Metro Manila
Floor Area: 16.05 SQM┬á
Price: Php 1.9M
5th Floor Unit:┬á
- Three (3) Student Pods┬á
- One (1) Common Toilet and Bath┬á
- One (1) Common Refrigerator┬á
- One (1) Common Microwave Oven┬á
- One (1) Air con Unit┬á
- One (1) Ceiling Fan┬á
- Study Hall┬á
- Student Lounge┬á
- Fitness Gym┬á
- Half-Court Basketball Area
Earn passive income by investing in a dormitory unit
For you as a Property Investor, Forbes Hall Manila provides such a financial vehicle. ┬áIt's modern, affordable, and secure accommodations are designed for the student who needs a place of residence near school while studying. ┬áSuch a Dormitel like Forbes Hall is located in the heart of the University Belt of Manila.┬á
Based on 2012 data, the U-Belt has over 205,000 students with at least 6,000 foreign student. Fifteen (15) colleges and universities are within 1 kilometer of Forbes Hall.
Coupled with lease management and property management services, Forbes HallÔÇÖs dorm units are an attractive hassle-free investment to earn leasing income. Marketing and leasing activities, collection, billing, maintenance, etc. are all handled for the enrolled unit owner, with rental income deposited quarterly to their bank accounts.
The Passive Income through the Lease is derived from the monthly rent of the Student Pods or Double Deck beds in the Forbes Hall unit less the monthly management fee for a unit you would invest in.
This one particular unit in the 5th floor (16.05 sqm) is now up for sale by the owner giving you the opportunity to buy this income generating asset. ┬á