30 Units Apartment Building For Sale, BKK1, Phnom Penh

$ 8,000,000

Property Description

This apartment building for sale in BKK1 offers a rare opportunity to acquire a fully operational residential asset in one of Phnom Penh’s most established and high-demand districts.

Rising across 13 floors in the heart of BKK1, the property combines modern serviced apartment living with strong operational performance, featuring spacious residential units, lifestyle facilities, and an established rental setup already in place.

Property Overview:

• Total land size: 553 sqm
• 13-storey building
• 30 residential units
• Mix of 2-bedroom and 3-bedroom apartment
• Swimming pool
• Gym
• Snooker room
• Fully operational serviced apartment property

The building features bright modern interiors, practical unit layouts, and large windows throughout that bring in natural light and city views across Phnom Penh. Units are fully set up for residential living, with open-plan living and dining areas, fitted kitchens, spacious bedrooms, and private balconies in selected units.

The shared facilities help position the property competitively within Phnom Penh’s serviced apartment market, including a rooftop swimming pool, fitness center, entertainment areas, and secure parking access.

Operational Performance:

• Reported monthly revenue up to approximately USD 64,000
• Average monthly revenue approximately USD 44,000

The property operates under a long-term lease agreement with approximately 13 years remaining from 2026 (exact expiry to be confirmed).

Purchase Structure Options:

• Option 1: Acquire the building for USD 8,000,000 with an existing rental arrangement generating approximately USD 6,000/month from the current operator.
• Option 2: Acquire the building for USD 4,000,000 while the current operator continues paying rent to the original owner until the lease agreement expires. Further clarification regarding this arrangement should be confirmed with all involved parties.

Located in BKK1, the property benefits from one of Phnom Penh’s strongest residential and expatriate rental markets, surrounded by international restaurants, cafés, embassies, office buildings, retail spaces, fitness centers, and lifestyle destinations. The area continues to maintain strong long-term demand for quality apartment living and serviced residences.

Interested in this BKK1 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