KEY REPORT BUILDING IN HAND

Nevers
Hotel • 40 room(s) • 35 bed. • 11840 sq ft (1100 m²) • Ground floor • ref: 58633521
$2,142,042
Superb investor product - 8% net minimum guaranteed, possibility of approaching 10%, no work to be planned, turnkey product! This tenement of 2 magnificent investment buildings with large parking and garages in the heart of the city of Nevers was completely renovated in 2018-2019 with quality materials, interior insulation, ventilation system, etc. A historic building of the type of private mansion overlooks the Rue de Nièvre while the 80s residence behind overlooks the Place Maubert. The current rental operation is optimized at the rental level with about thirty student furnished apartments without any rental vacancies, video surveillance, elevator, fire safety standards, wifi etc. and a commercial lease that has been in place for many years. The complex is completed by about thirty private parking spaces. Furnished student accommodation is among the most popular in the city with services well above average and appreciated by the city's students as well as their privileged location close to schools, the faculty and all the amenities and attractions of the city center. The charges will go from the flat rate to the provision with regularization and the parking lots will be offered as an option, which will make it possible to reach 190 to 200,000 euros of HC rental income for the sale, i.e. nearly 10% AEM return. No work to be planned, many ten-year contracts still valid for sale. Possibility to assist you with the management with an on-site team plus website and online reservations/property manager available as well as on the tax optimization of this investment. Video link for a typical apartment in the 80's building below https://youtu.be/OU227vi3Ti4

Spaces

Rooms40
Floors4
Bedrooms35

Surfaces

Living area11840 sq ft (1100 m²)
Land0.49 ac (2000 m²)

Nevers

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Energy efficiency ratingNo data
Environmental (CO₂) impact ratingNo data