Apartment for Sale in Iconic 110, Colombo, Sri Lanka

View Original Listing

Financial Details

Asking Price:
$230,000
Cash Flow / SDE:
$10,000
Profit Metric:
Net Operating Income (Annual)
Valuation Multiple:
23.0x
Location:
Colombo, LK
Source:
Date:
September 16, 2025

Key Highlights

Prime 3BR apartment in Iconic 110, Colombo, Sri Lanka.
Fully furnished, 1690 SqFt unit built in 2019.
Investment potential with $10,000 annual NOI and 1% Cap Rate.

Description

This listing is for a fully furnished 3-bedroom apartment located in the Iconic 110 development in Sri Jayewardenepura Kotte, Colombo, Sri Lanka. The apartment offers 1690 SqFt of living space and was constructed in 2019. It is presented as an investment opportunity, showing an annual Net Operating Income of $10,000 and a Cap Rate of 1%. The property is being listed by a real estate broker.

Industry Information

Industry Description:
Building & Construction
Classification:
Building & Construction

Operational Snapshot

Year Established:
2019

Real Estate & Lease

Status:
For Sale
Real Estate Price:
$230,000 USD

Assets & Inventory

Includes FF&E:
Yes

Listing Details

Listing ID:
176f567e-89c1-45c9-899a-0954822e3cd8
Deal Status:
For Sale
Date Posted:
July 24, 2024
Last Updated:
September 16, 2025
Currency:
USD