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Centro Apartment Building $146,018 14.52% Cap Rate Las Pedroñeras, Cuenca 16660
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Investment Highlights
- Property 100% leased.
- Low maintenance.
- Ideal for equity investment.
- Strategic location.
Executive Summary
Ref.: EXP12474
Residential-commercial property located in the urban center of Las Pedroñeras. The building is fully leased and operational, generating income from day one.
The property has a total built area of 227 m², distributed across three floors. The ground floor is designated for commercial use and is currently leased as a hair salon, with a monthly rent of €500.
The first floor is used for residential purposes, configured as a living space and currently rented for €500 per month.
The second floor houses a second residential unit, also leased, with a monthly rent of €500.
Current income amounts to €1,500 per month, which translates to annual revenue of €18,000. The building is in good condition, requiring no renovations, and is located in a well-established central area with immediate access to services, shops, and amenities, ensuring stable demand for both residential and commercial purposes.
Residential-commercial property located in the urban center of Las Pedroñeras. The building is fully leased and operational, generating income from day one.
The property has a total built area of 227 m², distributed across three floors. The ground floor is designated for commercial use and is currently leased as a hair salon, with a monthly rent of €500.
The first floor is used for residential purposes, configured as a living space and currently rented for €500 per month.
The second floor houses a second residential unit, also leased, with a monthly rent of €500.
Current income amounts to €1,500 per month, which translates to annual revenue of €18,000. The building is in good condition, requiring no renovations, and is located in a well-established central area with immediate access to services, shops, and amenities, ensuring stable demand for both residential and commercial purposes.
Property Facts
| Price | $146,018 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 14.52% | Building Size | < 15,000 SF |
| Property Type | Multifamily | Year Built | 2000 - 2009 |
| Property Subtype |
| Price | $146,018 |
| Sale Type | Investment |
| Cap Rate | 14.52% |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 2000 - 2009 |
Amenities
Unit Amenities
- Heating
- Instant Hot Water
Site Amenities
- Storage Space
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