ObaKent Karskapi in Erzurum

Name: 📣 300$ — discount certificate
Start: 2020-03-24T07:26:39.165611+00:00
End: 2023-12-31T23:59:59+0000
Location: ObaKent Karskapi

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Construction

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Project info

Object ID: 6057

Finished at	March 2018
Price, m²	From 450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	144
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

13,500$

Net profit

5,906$

Payback period

1.7 years

Avg property value increase per year

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About the project

Our Obakent Erzurum project is built on 5.315m2 of land in 9 floors, 4 blocks, 4 apartments on each floor and 144 apartments in total.

Our project also has a land area of 3.200m2 and a green area. With its unique location, Obakent, with its unique apartment concept, is very close to all amenities in the city center.