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Ayuntamiento 3,444 SF Medical Condo Unit Offered at $702,914 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.
1 Unit Available
Unit 1-3
| Unit Size | 3,444 SF | Sale Type | Investment |
| Price | $702,914 | Cap Rate | 6.40% |
| Price Per SF | $204.10 | NOI | $44,986.47 |
| Condo Use | Medical |
| Unit Size | 3,444 SF |
| Price | $702,914 |
| Price Per SF | $204.10 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| NOI | $44,986.47 |
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 within close proximity to the public transportation station and the main roadways M-406 and A-42, which provide easy access to the metropolitan area. The property is situated in a well-established, high-density residential area, near educational facilities and commercial activity zones.
The immediate surroundings are equipped with a variety of services, such as supermarkets, restaurants, and local shops, which contribute to high pedestrian traffic.
Currently leased under a recently signed contract to a reliable tenant.
Gross yield of 6.5%.
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
Site Amenities
- Public Transportation
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Presented by
Ayuntamiento
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