11 Unit Apartment Building For Sale - Sala Kamreuk, Siem Reap

$ 700,000

Property Description

Now up for sale is this apartment property composed of two (2) buildings, 11 units, and a landscaped courtyard spanning 974 sqm. It comes with a hard title, offering the buyer a chance to run their own accommodation business in Siem Reap's Sala Kamreuk, an area frequented and considered a haven by expats and other international travelers. 

All 11 units, varying between studios and single-bedroom ones, are found in the first building as the second building is still unfinished. The structure measures 8m x 32m or 256 sqm., and spans three (3) floors. The buildings are separated by a grassy strip that serves as a common lawn and garden space for tenants, thus it's easy to imagine a vibrant community settling down here. 

Units feature modern design, with well-placed fixtures, compact and space-efficient kitchens, air conditioning, and complete furnishings including beds, TVs, refrigerators, desks, and the like. Bathrooms are also equipped with hot/cold showers, and likewise the kitchens come fully fitted with a cooker and designated pantry/storage compartment.  

As it is, the apartment earns a monthly average revenue of $3,000, and you would need three (3) staff members to run this well. 

As it's on a corner location, it is also accessible from two (2) roads: an 8m road along the side and a 15m concrete road in front. It is a mere five (5) minutes from Angkor University, seven (7) minutes from Makro Supermarket and Angkor Santé Polyclinic, 10 minutes from the Paññ?s?stra University of Cambodia, and 12 minutes from Pub Street. 

Interested in this Sala Kamreuk, Siem Reap Hotel / Commercial Building or a property similar to this? Send us a message by filling out the contact form on the right to schedule a FREE viewing with our team of professional real estate agents. IPS Cambodia offers rent and sale of Apartment in Phnom Penh, Condo for rent, office spaces for rent, and other Real Estate in Cambodia throughout Phnom Penh, Siem Reap, and Sihanoukville