Apartment building

  • Deal Type
  • For Sell
  • Тype
  • Profitable House
  • Area
  • 4600 m2
  • Floors
  • 6
  • Rooms
  • 133
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).

Write, call - also contact using WhatsApp, VIBER.
Email- personals@domenika.lv
Tel. +37129118879
  • Location:
Country:Latvia
State:Riga
City:Riga
Property Type:Profitable House
  • Characteristics
Rooms:133
Living Area (m2):4182
Total Area (m2):4600
Land plot (m2):1699
  • Facilities
Security:Alarm system, CCTV, Security guard
Heating:Central

7 800 000 €

8 362 318 $
767 742 289 ₽

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