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Calle Alejandro Rodríguez 645 SF Retail Condo Unit Offered at $359,349 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.00% |
| Sale Type | Investment |
| Cap Rate | 5.00% |
Description
Commercial space currently rented and offering a 5% return.
It has an area of 60 m² distributed on one floor.
It has an area of 60 m² distributed on one 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 residential 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.
It has an area of 60 m² distributed on one floor.
The space has been renovated into two independent residential 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.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 645 SF | Retail | $359,349 ($557.13/SF) | $17,967.47 |
-
| Unit Size |
| 645 SF |
| Condo Use |
| Retail |
| Price |
| $359,349 ($557.13/SF) |
| NOI |
| $17,967.47 |
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| Unit Size | 645 SF |
| Condo Use | Retail |
| Price | $359,349 ($557.13/SF) |
| NOI | $17,967.47 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| Description | |
| Commercial space currently rented and offering a 5% return.<br> <br> It has an area of 60 m² distributed on one floor.</li></ul> | |
| Sale Notes | |
| Commercial space currently rented out with a 5% return.<br> <br> It has an area of 60 m² distributed on one floor.<br> <br> The space has been renovated into two independent residential units and optimized to provide maximum comfort and functionality.<br> <br> Although the actual area is 80 m², the total recorded in the deed is 60 m².</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
Site Amenities
- Public Transportation
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Calle Alejandro Rodríguez
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