Investment property- house with apartments for rent. The property is located in the far center of Riga. Property includes three buildings and a land plot. Reconstruction was carried out in 2014. All 133 apartments are equipped with kitchens and plumbing. 15% of all apartments are furnished. All apartments and commercial areas are leased. Well maintained, landscaped interior courtyard is fenced and closed.
11-14% ROI and 6, 4% NOI (net income). Good infrastructure - the swimming pool nearby, wellness center, tram stop, parking area, bicycle service. cameras and physical security. There is a landlord. Without any encumbrances.
Price: 7.800.000 EUR
Return: 499.200 EUR per year.
Opportunity to take mortgage starting from 3.5 % interest.
Opportunity to purchase two profit real estates, approximate price of € 11.3 million. Overall, there would be 181 apartments and 5 commercial premises.
Available many other profitable objects, which are not published on the Internet and information can be sent on request. (Sometimes with a significantly higher return).
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Email- personals@domenika.lv
Tel. +37129118879