Limoges, Limousin 87000

Great Opportunity: -> Investment Property - 21 Furnished Studios, 23 Parking Spaces -> City Center of Limoges (87) --- -> Rare opportunity for investors: a residence of 21 furnished studios with parking, ideally located in the heart of Limoges, in close proximity to shops, transport, and university campuses. 21 furnished studios ranging from approximately 20 to 32 sqm: - 7 ground-floor studios accessible to people with reduced mobility - Residence with elevator - Building fully renovated in 2019 23 parking spaces: - 9 street-level spaces - 14 underground spaces that can be rented independently of the apartments. --- -> Strategic location. Everything is within walking distance: - Shops: Fnac, Monoprix, Zara, Basic-Fit - Transport: bus and trolleybus - Limoges Cathedral and Bishop's Garden - Gay-Lussac High School (400 m) - Francophone Multimedia Library (650 m) - Faculty of Law (700 m) - Town Hall, Adrien Dubouché Museum, Limousin Aquarium - Banks of the Vienne River --- -> Immediate proximity to university campuses: Faculty of Medicine, Pharmacy, Arts, University Institute of Technology (Iut) --- -> Access to the A20 Paris/Toulouse motorway in 5 minutes -> Studio layout: - Entrance with equipped kitchenette (ceramic hob, extractor hood, refrigerator, storage) - Furnished living area (140x190 cm bed, mattress, wardrobe, table and chairs) - Bathroom with shower, vanity unit, toilet and towel warmer. -> Rental income: Estimated annual income: approx. Eur110,000 (full occupancy rate) - Studio rents: Eur390 to EUR480/month - Parking rents: Eur35 to EUR45/month --- Property tax 2024: Eur12,507 Condominium fees 2024: Eur14,130, of which Eur8,902 is recoverable from tenants -> Rental appeal Sought-after area for: - students - young professionals Sale price Eur1,554,000 including agency fees (Eur74,000 incl. Vat, payable by the buyer), i.e., Eur1,480,000 net to seller. Full file available upon request Contact for viewings et information: -> Aurélie Pascarel Froidefond - Real Estate Advisor and Expert for the Propriétés Privées network -> Tel. - a.pascareropriete- --- In accordance with Article L.561.5 of the French Monetary and Financial Code, you will be required to present identification to arrange a viewing. This advertisement was written under the editorial responsibility of Aurélie Pascarel, acting as a sales agent registered with the Rsac of Brive under number , for Sas Proprietes Privees, with a capital of Eur44,920, located at Zac Le Chêne Ferré - 44 Allée Des Cinq Continents 44120 Vertou Siret, Rcs Nantes. Professional License for Real Estate and Business Transactions (T) and Property Management (G) No. Cpi 010 388 issued by the Nantes - Saint Nazaire Chamber of Commerce and Industry. Escrow Account No. Bpa Saint-Sebastien-Sur-Loire (44230). Guarantee provided by Galian-Smabtp - 89 rue de la Boétie, 75008 Paris - No. 28137 J for Eur2,000,000 for T and Eur120,000 for G. Professional liability insurance provided by Galian-Smabtp, policy No. 28137.J. Mandate No. 418006 - The professional guarantees and secures your real estate project. -> Free and No-Obligation Valuation of your property in Correze et Haute Vienne > let's schedule an appointment! Aurélie Pascarel Froidefond (5.00 % fees incl. Vat at the buyer's expense.)