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Carrer Major 6 Unit Apartment Building $75,555 ($12,593/Unit) Balaguer, Lérida 25600

Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Possibility of 4 homes.
- In a well-established residential area.
- Good public transportation access.
- All services at hand.
EXECUTIVE SUMMARY
Residential plot in Balaguer (province of Lleida), designated for multi-family use, located in a consolidated urban area. The site has a plot area of 124 m2 and an estimated buildable area of 564 m2, allowing for the development of a residential project with up to 4 housing units, in accordance with the indicative urban planning parameters.
The existing building currently consists of a ground floor commercial space, a residence spread across the first and second floors, and two residences located on the third and fourth floors.
The building's condition is poor, necessitating its complete demolition to undertake the development of a new real estate product, optimizing the use of the plot in accordance with current regulations. This situation allows for the proposal of a new construction project, tailored to current residential market demands, with greater construction efficiency and better living standards.
This is an attractive opportunity for developers and investors, as it is a fully owned asset located on a central street with significant building potential, ideal for the promotion of new multi-family housing construction.
The existing building currently consists of a ground floor commercial space, a residence spread across the first and second floors, and two residences located on the third and fourth floors.
The building's condition is poor, necessitating its complete demolition to undertake the development of a new real estate product, optimizing the use of the plot in accordance with current regulations. This situation allows for the proposal of a new construction project, tailored to current residential market demands, with greater construction efficiency and better living standards.
This is an attractive opportunity for developers and investors, as it is a fully owned asset located on a central street with significant building potential, ideal for the promotion of new multi-family housing construction.
PROPERTY FACTS
| Price | $75,555 | Property Subtype | Apartment |
| Price Per Unit | $12,593 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | F |
| No. Units | 6 | Building Size | < 15,000 SF |
| Property Type | Multifamily | Year Built | 1900 - 1909 |
| Price | $75,555 |
| Price Per Unit | $12,593 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | F |
| Building Size | < 15,000 SF |
| Year Built | 1900 - 1909 |
AMENITIES
UNIT AMENITIES
- High Speed Internet Access
- Wi-Fi
- Instant Hot Water
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Wi-Fi
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 753 |
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Carrer Major
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