Income-Producing Building in Montélimar

Property Description

INCOME-PRODUCING BUILDING OF APPROX. 380 m² IN CENTRAL MONTÉLIMAR

10 UNITS: 2 COMMERCIAL PREMISES + 8 RESIDENTIAL UNITSGROSS YIELD: 8.48%

A great investment opportunity: this income-producing building of approximately 380 m² is ideally located in central Montélimar, close to all amenities.

The building enjoys a strategic location on a busy road, offering good visibility in particular for the two commercial premises.

BUILDING LAYOUT

The property comprises 10 units:

2 commercial premises4 two-room flats4 studio flats
The building has a balanced mix of commercial premises and residential units, allowing rental income to be diversified.

Currently, 8 of the 10 units are rented.

Only one two-room flat and one studio flat are currently vacant; all the other units are occupied.

At the current rental rates, the property could generate theoretical rental income of €3,875.90 per month, excluding service charges, or:

€46,510.80 in annual rent, excluding service charges

On this basis, the property offers a gross rental yield of approximately 8.48% at the asking price of €548,625.

The two currently vacant units also offer potential to increase rental income.

No major works are currently anticipated, allowing the buyer to acquire an investment with rental operations already well established.

KEY FEATURES

Central Montélimar location140 m²10 units2 commercial premises4 two-room flats4 studio flatsGross yield: approximately 8.48%
1 two-room flat and 1 studio flat currently vacant

A TURNKEY INVESTMENT WITH STRONG POTENTIAL

This building is an attractive opportunity for an investor seeking an income-producing property in the town centre, with a high occupancy rate, a mix of residential and commercial units, and a gross yield of over 8%.

Asking price: €548,625

Property survey in progress.

For further information, please contact the agency.