'2 Trillion Won Giant' Seo Jang-hoon Lists Building Acquired for 2.8 Billion Won at 45 Billion Won.. 28 Billion Won Profit [Star Issue]

*This content was translated by AI.

Seo Jang-hoon, a broadcaster and former basketball player, has put up a building he owns near Yangjae Station in Seoul for sale at 45 billion won.

According to 'Ttongjibgo', a real estate media outlet of Chosun Ilbo on the 7th, the building Seo Jang-hoon holds, located near Yangjae Station in Seocho-gu, Seoul, spanning from two basement levels to five above-ground floors, has been listed for sale at 45 billion won. Completed in 1986, the building covers a land area of 376.9 square meters and a total floor area of 1,474.9 square meters.

Seo Jang-hoon purchased the building, which was put on the auction market around the year 2000, for 2.817 billion won. He has now listed it for sale after approximately 26 years. It is reported that tenants currently occupy each floor of the building.

If Seo Jang-hoon succeeds in selling the building for around 45 billion won, he is expected to gain a profit of about 28 billion won even before taxes. However, considering various necessary expenses, the actual profit may differ.

Meanwhile, Seo Jang-hoon is known as a real estate tycoon with rumors of his assets reaching "2 trillion won." In addition to this building, he owns a structure in Heukseok-dong, Dongjak-gu, Seoul, spanning from two basement levels to seven above-ground floors, and another five-story building near the club district in Seogyo-dong, Mapo-gu, Seoul.

Known as a "kind landlord" for setting rental rates lower than surrounding market prices, he drew attention on the 5th during an episode of EBS's 'Seo Jang-hoon's Millionaire Next Door', where he said, "I have never once asked a tenant to leave before."

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*This content was translated by AI.