Unıva Student Resıdence in Sakarya

Name: Unıva Student Resıdence
Brand: Erkanlı Grup
SKU: 6334
Availability: InStock

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Project info

Object ID: 6334

Finished at	December 2019
Price, m²	From 666$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	4
Apartments	512
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

23,310$

Net profit

5,883$

Payback period

2.9 years

Avg property value increase per year

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About the project

Univa Student Residence, bearing the signature of Erkanlı Group, consists of 512 independent units and 1024 rooms. The project, built on a land of 30 thousand square meters, has a construction area of 60 thousand square meters. The project includes living spaces from 35 to 70 square meters in size. There are also pet accommodation and care units for students who want to bring their little friends with them.