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Calle Alejandro Rodríguez 645 SF Retail Condo Unit Offered at $361,668 in Tetuán, Madrid 28039
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INVESTMENT HIGHLIGHTS
- Established residential area.
- High foot traffic.
EXECUTIVE SUMMARY
Residential building constructed in 1970. It has 5 above-ground floors, featuring apartments on the upper levels and commercial spaces on the ground floor.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1970 - 1979 |
AMENITIES
UNIT AMENITIES
- Instant Hot Water
SITE AMENITIES
- Public Transportation
1 UNIT AVAILABLE
| Unit Size | 645 SF | Sale Type | Investment |
| Price | $361,668 | Cap Rate | 5.00% |
| Price Per SF | $560.73 | NOI | $18,083.39 |
| Condo Use | Retail |
| Unit Size | 645 SF |
| Price | $361,668 |
| Price Per SF | $560.73 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $18,083.39 |
DESCRIPTION
Commercial space currently rented with a 5% return.
It has an area of 60 m² distributed on a single floor.
SALE NOTES
Commercial space currently rented out with a 5% return.
It has an area of 60 m² distributed on one floor.
The space has been renovated into two independent units and optimized to provide maximum comfort and functionality.
Although the actual area is 80 m², the total recorded in the deed is 60 m².
Presented by
Calle Alejandro Rodríguez
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