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Carrer Major 6 Unit Apartment Building $76,286 ($12,714/Unit) Balaguer, Lérida 25600

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Investment Highlights
- Possibility of 4 housing units.
- In a well-established residential area.
- Good public transportation access.
- All services at hand.
Executive Summary
Residential lot in Balaguer (province of Lleida), designated for multifamily 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, one residence distributed across the first and second floors, and two residences located on the third and fourth floors.
The building's condition is poor, requiring complete demolition to undertake the development of a new real estate project that optimizes the use of the lot in compliance with current regulations. This situation provides the opportunity to propose a new construction project tailored to current residential market demands, with greater construction efficiency and improved 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 newly constructed multifamily housing.
The existing building currently consists of a ground-floor commercial space, one residence distributed across the first and second floors, and two residences located on the third and fourth floors.
The building's condition is poor, requiring complete demolition to undertake the development of a new real estate project that optimizes the use of the lot in compliance with current regulations. This situation provides the opportunity to propose a new construction project tailored to current residential market demands, with greater construction efficiency and improved 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 newly constructed multifamily housing.
Property Facts
| Price | $76,286 | Property Subtype | Apartment |
| Price Per Unit | $12,714 | 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 | $76,286 |
| Price Per Unit | $12,714 |
| 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 |
1 1
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Carrer Major
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