For Sale: Dormitel Unit In Forbes Hall at Manila
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Ready for Occupancy

For Sale: Dormitel Unit In Forbes Hall at Manila

₱ 2,076,500
  • For Sale New
  • Studio 1 Bathroom 17.54 sqm.
  • Manila
Suggested gross household income/salary:
₱ 32,198 monthly income Request sample computation
20 years to pay at 7% interest
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Property Details
  • Number of Bedrooms: Studio
  • Number of Bathrooms: 1 bathroom
  • Unit Size in sqm: 17.54 sqm.
  • Property Condition: New - Ready for Occupancy (RFO)
Description

INVEST FOR PASSIVE INCOME! INVEST IN A DORMITEL!

FOR SALE: DORMITEL UNIT IN FORBES HALL

Address: G. Tuazon St, Sampaloc, Manila

Floor Area: 17.54 SQM

Price: Php 2,076,500

Current Rental Income: Up to Php 15,000 a month!

5th Floor Unit:

  • Three (3) Student Pods

  • One (1) Common Toilet and Bath

  • One (1) Common Refrigerator

  • One (1) Common Microwave Oven

  • One (1) Air con Unit

  • One (1) Ceiling Fan

Amenities:

  • Study Hall

  • Student Lounge

  • Fitness Gym

  • 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. Its modern, affordable, and secure accommodations are designed for the student who needs a place of residence near school while studying. Such a Dormitel like Forbes Hall is located in the heart of the University Belt of Manila.

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 Hall’s 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 (17.54 Sqm) IS NOW UP FOR SALE by the owner giving you the opportunity to buy this income generating asset.

Are you interested in this property?
Property Affordability
Suggested gross household income/salary:
₱ 32,198 monthly income Request sample computation
20 years to pay at 7% interest
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  • Frequently asked questions about For Sale: Dormitel Unit In Forbes Hall at Manila

    How much is the monthly payment for this property?

    The monthly payment is ₱ 12,879 for 20 years for a downpayment of ₱ 415K

    Where is the property located?

    The property is located in Manila, Metro Manila. You can view more Condominiums and Apartments for sale in Manila, Metro Manila on this page

    Who can I contact if I am interested with the property?

    If you are interested with the property or if you need more information, you can leave a message to Oliver on this page. Oliver will immediately get back to you after receiving your message.

    Where can I find more details about dormitel

    If you are looking for more information about dormitel, you can check dormitel from this page.