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Calle Alejandro Rodríguez 645 SF Retail Condo Unit Offered at $364,286 in Tetuán, Madrid 28039
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INVESTMENT HIGHLIGHTS
- Consolidated 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 | $364,286 | Cap Rate | 5.00% |
| Price Per SF | $564.78 | NOI | $18,214.29 |
| Condo Use | Retail |
| Unit Size | 645 SF |
| Price | $364,286 |
| Price Per SF | $564.78 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $18,214.29 |
DESCRIPTION
Commercial space currently rented with a 5% return.
It has an area of 60 m2 distributed on one floor.
SALE NOTES
Commercial space currently rented 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 has been optimized to offer 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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