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Now Showing: Philippines Real Estate > NCR Region > Valenzuela City > Barangay Ugong
LISTING USER
This property was listed by igppinoy.



CONVERSION TOOL


4 Door Fully Concrete Apartment

A pic of Apartment For Sale in Ugong, Valenzuela City, in the Philippines

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REAL ESTATE OVERVIEW

Location Barangay Ugong, Valenzuela City
Offering One specific individual property unit
Property Type Apartment
Transaction For Sale
Asking Price P 2,500,000
Floor Area 151 m²
Terms Negotiable

PRICING INFORMATION

P 2,500,000
SHOW CURRENCIES

Price/Floor Area P 16,556/m²

PROPERTY DESCRIPTION

2 storey 4 Door, 151 square meter fully concrete apartment with a 206 square meter floor area located in barangay ugong, Valenzuela just over a kilometer away from NLEX- Malinta Exit and around 3 kilometers away from Quezon City via Mindanao Avenue. Built in 1998 and located in a residential and partly industrial area, the property is being maintained on a yearly basis although the seller is no longer managing the property on a regular basis.

This property has a sound structure and an elegant design and is currently capable of generating P16,000-20,000 monthly income and is insured for P2 million. The structure is made up of concrete slab on its 2nd level, steel frame on its roof, an overhead water tank, individualized utility meters and a storage unit outside the main structure. This apartment requires no significant renovation or repairs.
The property currently has an appraisal value of at least P2.5M and has a loan-to-value ratio of 70%. The loanable value ranges from around P1.75M – P2.1M, more than enough to cover the entire selling price. Qualified Investors who has limited cash can enjoy maximum leverage to acquire this income property. If handled properly, this apartment can still produce positive cash flow even after operating expenses and loan amortization.

Selling Price is P2.5M(net)

Direct Buyers Only

Look for : Joel
0925-5385340
Email Add : info@incomegeneratingproperties.com

AREA DETAILS

Security The building of this property does not have 24 hour security.
Neighborhood Area Urban residential
Proximity to...

    General Hospital 15 min
    Downtown Area 15 min
    Seaside 1 hr
    Shopping Mall 10 min
    Police Station 10 min
    Fire Station 15 min
    Domestic Airport 1 hr
    International Airport 1 hr

PROPERTY DETAILS

Year Built 1998 Renovated 2009
Status Currently Vacant - ready for immediate occupancy
Encumberance None.
Building Structure

    Height 2 floors
    Construction Concrete
    Strength Reinforced concrete columns and beams
Property Level Ground Level
Elevator No
Rooms
    2 Bedrooms
    1 Bathroom (Toilet + Bath)
    Sala
    Kitchen
    Dirty Kitchen
    Kitchenette
    Laundry Room
    Store Room
    Balcony
Swimming Pool None
Wheelchair Access No

RESTRICTIONS

DIRECT BUYERS ONLY

MORE INFORMATION

http://www.incomegeneratingproperties.com/index.php?p=198

CONTACT INFORMATION

This property is offered by the following Realtor™:

Username igppinoy
Name Joel Tongson (Income Generating Properties)

Property Code: 198

    023532886 (Office)
    027415457 (Residence)
    0915-5385340 It's OK to send text (SMS) messages.

    Please Take Note

    Kindly be advised that the local time is now 02:11 AM.
    infoincomegeneratingproperties.com
    http://www.incomegeneratingproperties.com
Please mention property code 198 when inquiring.

Preferred Contact Method

If possible, please use this user's preferred contact method, which is:
    Email - directly to my email address
Alternatively, this user's second most preferred contact method is:
    Mobile Phone - text me

CONTACT FORM

To: igppinoy


Important - This form is for legitimate inquiries from potential customers only. You may not use this form for any other purpose. If you are not a bona fide customer (or representing a customer), please do not use this form.


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All information on this page has been provided by the user and has been accepted in good faith. Ah Yer! Philippines does not guarantee the verity of any data given, and any interested party must verify all information regarding this property directly with the offerer.



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