75020 Paris 3,681 SF Flex Building $2,089,670 ($567.65/SF)

Alexandrine Collard offers you this great opportunity in Eastern Paris: walls of an active social hotel, located in the 20th arrondissement, in the immediate vicinity of shops, transport and administrative infrastructures.

Main characteristics:
- Total area: 342.1 m² Carrez,
- 24 rooms already in operation,
- Possibility of buying an adjoining 70 m² apartment, allowing the creation of 5 additional bedrooms,
- Possible extension of the building in compliance with standards,
- Certificate of conformity and safety commission validated,

Transfer price: 1,800,000 euros FAI (fees charged to the seller 4.79%).

A solid and promising investment
Social hotels are now a sector in high demand, driven by the growing need for temporary housing and emergency care in Paris.
Benefits:
- market structurally secured by sustainable needs,
- stable rental income, with institutional or associative clients,
- heritage real estate asset with walls and funds, guaranteeing complete control of the operation,

Establishment that can be used immediately,
Validated safety standards and compliance,
Expansion potential,
Attractive profitability in a buoyant market.

DOPE OF PEOPLE B
Estimated amount of annual energy expenditure for standard use between 10,000 and 11,000 euros indexed to the years 2021, 2022 and 2023
To visit and support you in your project, contact ALEXANDRINE COLLARD, at 0786888992 or, by email at a.collard@proprietes-privees.com.
According to article L.561.5 of the Monetary and Financial Code, for the organization of the visit, you will be required to present an identity document.
This announcement was written under the editorial responsibility of ALEXANDRINE COLLARD acting under the status of commercial agent registered at RSAC CHALON EN CHAMPAGNE 791164510 with SAS PROPRIETES PRIVEES, with a capital of 44,920 euros, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional Card Transactions on Buildings and Business Assets (T) and Real Estate Management (G) No. CPI 4401 2016 000 010 388 issued by the Nantes - Saint Nazaire CCI. Escrow account no. 30932508467 BPA SAINT-SEBASTIEN-SUR-LOIRE (44230). GALIAN-SMABTP guarantee - 89 rue de la Boétie, 75008 Paris, 75008 Paris - No. 28137 J for 2,000,000 euros for T and 120,000 euros for G. Professional liability insurance by GALIAN-SMABTP policy no. 28137.J

Mandate ref: 426337 - The professional guarantees and secures your real estate project.
7-lot condominium.

Annual expenses: 3000 euros.
ALEXANDRINE COLLARD (EI) Commercial Agent - RSAC number: CHALON EN CHAMPAGNE 791164510 -.
Information on the risks to which this property is exposed is available on the Géorisques website: www. georisques. gouv. fr