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Carrer Vendrell, 21 Apartment Building $363,172 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 of buildable area.
- Near the new university of Vic.
Executive Summary
Available for sale: a property consisting of two independent buildings—a block of apartments and a house—ideal for residential projects in a high-growth area. 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 in Vic, opens the door to a growing market: students and professionals seeking modern and functional housing. This feature makes the project a high-potential investment, especially in the rental segment.
The price, calculated before taxes, is set at €227 per buildable square meter, representing an excellent cost-opportunity ratio in a well-established urban environment. Additionally, we have distribution plans for the property once completed, facilitating project planning and execution.
Originally built in 1900, the building includes 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 in Vic, opens the door to a growing market: students and professionals seeking modern and functional housing. This feature makes the project a high-potential investment, especially in the rental segment.
The price, calculated before taxes, is set at €227 per buildable square meter, representing an excellent cost-opportunity ratio in a well-established urban environment. Additionally, we have distribution plans for the property once completed, facilitating project planning and execution.
Originally built in 1900, the building includes 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 | $363,172 | 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 | $363,172 |
| 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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