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Carrer Vendrell, 21 Apartment Building $332,454 7.72% 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 in Vic.
Executive Summary
Available for sale: building composed of two independent properties, an apartment block and a house, ideal for residential projects in an area with strong growth potential. With a buildable area of 1,412 sqm and the recent approval of the new POUM (municipal urban development plan), this asset allows for the construction of a four-story multi-tenant building above grade.
Its strategic location, very close to the new university of Vic, opens the door to a growing market: students and professionals seeking modern, functional housing. This feature makes the project an investment with high potential returns, especially in the rental segment.
The price, calculated before taxes, is 227 €/buildable sqm, representing an excellent cost–opportunity ratio in a consolidated urban environment. In addition, we have layout plans for the property once completed, making it easier to plan and execute 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, functional housing. This feature makes the project an investment with high potential returns, especially in the rental segment.
The price, calculated before taxes, is 227 €/buildable sqm, representing an excellent cost–opportunity ratio in a consolidated urban environment. In addition, we have layout plans for the property once completed, making it easier to plan and execute 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 | $332,454 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.72% | Building Size | 8,073 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/1945 |
| Apartment Style | Low-Rise |
| Price | $332,454 |
| Sale Type | Investment |
| Cap Rate | 7.72% |
| 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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