'10 Billion Annual Salary' Faker, turns out to be the owner of the 11.3 billion building "It's Seo Jang-hoon of the T1 family"
Jul 04, 2024
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According to a building road real estate brokerage firm on the 4th, Faker purchased a small building in Hwagok-dong, Gangseo-gu, in June 2020.
The building is located on the side of the boulevard near Hwagok Station on Subway Line 5 and has two basement floors and nine floors above the ground, where coffee shops, oriental medicine hospitals, and obstetrics and gynecology clinics are located. Being the owner of a super-power medical building. According to the register, the maximum amount of bonds is set at 10.2 billion won, which is estimated to have been purchased by borrowing about 8.5 billion won, or about 75% of the trading price.
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It is difficult to check the market price recently because there are no nearby transactions, but it is evaluated that it can be recognized for its greater value than the amount purchased because it has already benefited from the floor area ratio.
About 11 billion won is available to purchase buildings with a rental yield of about 3% per year in the Gangnam area, but it is expected to have an annual return of 5-7% by investing in the medical building located in Hwagok-dong. In response, some officials say that `Faker has made a higher return than when it invested in Gangnam with the same amount.'
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