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Carrer Vendrell, 21 Apartment Building $363,508 7.23% Cap Rate Manlleu, Barcelona 08560



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INVESTMENT HIGHLIGHTS
- Ideal buildings for conversion into multifamily housing.
- Great potential for renting to students or professionals.
- A total of 1,412 m2 buildable.
- Near the new university in Vic.
EXECUTIVE SUMMARY
Available for sale is a building composed of two independent properties, an apartment block and a house, ideal for residential projects in an area with great potential. With a buildable area of 1,412 m2 and the recent approval of the new POUM, this asset allows for the construction of a multi-tenant building with 4 floors above ground.
Its strategic location, very close to the new university of Vic, opens the door to a growing market: students and professionals seeking modern and functional accommodation. This feature makes the project an investment with high potential profitability, especially in the rental segment.
The price, calculated without taxes, is set at €227/m2 buildable, representing an excellent cost-opportunity ratio in a well-established urban environment. Additionally, we have layout plans of the property once completed, facilitating the planning and execution of the project.
Originally built in 1900, the building has 18 rooms, 6 bathrooms, and 3 floors, allowing for multiple configurations depending on the developer's approach. The possibility of developing student housing or residential apartments makes this asset a versatile and attractive option.
Its strategic location, very close to the new university of Vic, opens the door to a growing market: students and professionals seeking modern and functional accommodation. This feature makes the project an investment with high potential profitability, especially in the rental segment.
The price, calculated without taxes, is set at €227/m2 buildable, representing an excellent cost-opportunity ratio in a well-established urban environment. Additionally, we have layout plans of the property once completed, facilitating the planning and execution of the project.
Originally built in 1900, the building has 18 rooms, 6 bathrooms, and 3 floors, allowing for multiple configurations depending on the developer's approach. The possibility of developing student housing or residential apartments makes this asset a versatile and attractive option.
PROPERTY FACTS
| Price | $363,508 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.23% | Building Size | 8,073 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/1945 |
| Apartment Style | Low-Rise |
| Price | $363,508 |
| Sale Type | Investment |
| Cap Rate | 7.23% |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 8,073 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/1945 |
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Carrer Vendrell, 21
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