14502 - Rental Cottages for Sale in Bacong, Negros Oriental
These rental cottages for sale will be a good income generating investment property. They are located in Bacong, Negros Oriental, a few minute walk from the beach and a five minute drive to Robinson’s Mall, Dumaguete City. The property has two of 2 unit with 2 bedrooms each and one unit of studio type rental home, and the owner wants to subdivide the rental cottages for sale off of the whole title and sell them separately. Each 2 unit building, each unit with two bedrooms will be sold with the land they sit on plus some area for parking in front of each one. Rental income per units is currently at 12, 000 pesos per month, with plenty of room for future increase. All units have a long history of almost full occupancy. At their current rent level, a buyer can expect an approximate return of 9% on income lone, then another 2-3% in property value appreciation.
Rental Cottages for Sale Details:
• Lot Area – 350 square meters more or less
• Unit size – 2 x 50 square meters approx
• Location – Sacsac, bacong
• Price – Php 2, 950, 000 per 2 unit block