This Go Vap rental building at 656/6 Quang Trung Street, Ward 11, is for sale with a stable income stream already in place — a good fit for cash-flow investors in the Go Vap area.
Building specifications
- Land size: 8m x 25m, widening to 10m at the rear
- Recognized area: 198.7 sqm
- Usable floor area: nearly 836.6 sqm
- Structure: 1 basement, 7 floors, with a 650kg-capacity elevator
- Scale: 75 rooms, each with private bathroom, newly furnished
Rental income
The building currently generates VND280 million per month under a lump-sum lease just renewed for a 5-year term, giving a buyer immediate, stable income after handover.
Asking price is VND50 billion, negotiable; a related brokerage fee of VND1 billion applies.
Why it suits cash-flow investors
Go Vap is a densely populated district with consistent demand for room rentals and short-term stays, favorable for a multi-room rental building of this scale.
With 75 rooms and an elevator in place, the building suits operation as a premium boarding house or serviced apartments.
Contact for legal documents, the existing lease contract, and to arrange an on-site viewing.
