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Ayuntamiento 3,444 SF Medical Condo Unit Offered at $714,286 in Getafe, Madrid 28901
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Investment Highlights
- Proximity to the Cathedral of Santa María Magdalena and the Town Hall.
- Good connection through public transportation and road network.
Executive Summary
Residential building located in Getafe. A short distance away is the Town Hall square and the historic center, where the Cathedral of Santa María Magdalena, the city's main heritage landmark, is located. The location has good connectivity through road networks and public transportation, including a commuter train station and several urban bus lines. This is a high-rise residential building intended for housing use, with direct access from the public street. The surrounding area is well-established and offers nearby services such as local shops, educational centers, healthcare facilities, and green spaces.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Year Built | 1990 - 1999 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1990 - 1999 |
| Parking | Yes |
Amenities
Unit Amenities
- Instant Hot Water
Site Amenities
- Public Transportation
1 Unit Available
Unit 1-3
| Unit Size | 3,444 SF | Sale Type | Investment |
| Price | $714,286 | Cap Rate | 6.40% |
| Price Per SF | $207.40 | NOI | $45,714.29 |
| Condo Use | Medical |
| Unit Size | 3,444 SF |
| Price | $714,286 |
| Price Per SF | $207.40 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| NOI | $45,714.29 |
Description
The property is located on the ground floor, with an approximate area of 320 m2. It is part of a mixed-use building in good condition and has direct access from the public street.
Sale Notes
Commercial space located in Getafe.
It is a short distance from the public transport station and the main roadways M-406 and A-42, which facilitate connection to the metropolitan area. It is situated in a well-established area with high residential density, close to educational facilities and commercial activity zones.
The immediate surroundings are equipped with a variety of services, such as supermarkets, dining establishments, and local shops, which contribute to high pedestrian traffic.
Recently leased to a reliable tenant with a newly signed contract.
Gross yield of 6.5%.
Presented by
Urbagesa
Ayuntamiento
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