Limited opportunity! Residential rental building
Localisation
1820 MontreuxCharacteristics
Description
Fully rented residential building with a view of Lake Geneva
Dominating the Vaud Riviera in a quiet and particularly sought-after environment, this character building enjoys a spectacular view of Lake Geneva and the Alps, while offering a rare rental quality on the market.
The property, steeped in history, consists of two harmoniously combined buildings: the western part dates from 1640 and the wing was built in 1910. The entire complex underwent a complete and particularly meticulous renovation between 2013 and 2014, allowing the original architectural charm to be preserved while incorporating current comfort standards.
The building comprises 11 apartments, from studios to 3.5-room apartments, all of which are fully rented. The 100% occupancy rate illustrates the strong attractiveness and rental stability of the asset.
The apartments have a real character: warm volumes, authentic atmosphere, charm of old stones and privileged living environment. Each apartment has its own private cellar and tenants also benefit from a modern shared laundry room.
The overall condition of the building is excellent and does not require any major investment in the short term, thus offering a serene operation.
The only point to note is the lack of an elevator, which is compensated by the authentic charm and overall quality of the property.
Key figures
? 11 apartments from studio to 3.5 rooms
? Rental area: 471 m²
? Occupancy rate: 100%
? Annual rental income: CHF 176,220.- excluding charges
? Annual rental income: CHF 198,660.- including charges
? Last complete renovation: 2013-2014
? Overall condition: Excellent
A rare opportunity currently being offered as part of an ongoing commercialization process.
Given the interest already shown in this asset, interested investors are invited to position themselves quickly.
Conveniences
Condition
- Renovated