$414,200
Pham Nhu Tang Cash Flow Building For Sale
Apartment for sale in Thanh Khe, Da Nang, Vietnam
📞 Contact Information
Message to Agent:
Hi, I'm interested in the 17-bedroom place in Thanh Khe on DanangMLS: https://danangmls.com/listing/pham-nhu-tang-cash-flow-building-for-sale-n6hlkg Is it still available?
Description
This four-story cash-flow apartment building on Pham Nhu Tang Street in Thanh Khe, Da Nang, is offered for sale. It sits on a 170 m² plot (5 m × 33 m) and has four floors, an elevator, and a fire-protection system. The property currently operates 16 rooms/apartments and has 17 bedrooms in total, producing about 71 million VND per month, or roughly 852 million VND per year at present use. Floors 1–3 include 14 rooms earning about 49 million VND per month, while Floor 4 has two upgraded apartments: a one-bedroom unit and a two-bedroom penthouse, earning about 22 million VND per month. The gross annual revenue yield is approximately 7.8%, before operating costs and tax. Legal documents are currently mortgaged; buyers can review the paperwork and transaction plan. Asking price: $414,200, negotiable.
About Thanh Khe District, Da Nang
Thanh Khe is a densely populated residential district immediately west of Hai Chau, running along Da Nang's western bay. Known for its authentic local markets, affordable housing, and easy access to the city center, it attracts families and long-term residents who want to live like a local. The district borders Da Nang International Airport and offers strong transport links across the city.
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