6 rental apartments - yield of around 4%
1219 Le Lignon
Last checked 1 hour ago 82 days on the market
At a glance
Description
Balocco Immobilier is pleased to present to you, in exclusivity, an investment opportunity in Lignon, Geneva: A portfolio of 6 rental apartments offering excellent rental stability. Comprising apartments ranging from 3 to 5 rooms, this real estate portfolio benefits from an annual net rental income of CHF 152'028.- excluding charges, or CHF 163'656.- including charges. The apartments can also be acquired in lots of two. We remain at your disposal for any additional information on this subject. The distribution of the properties is as follows: 1st floor : 5-room apartment - rental income of CHF 30'600.-/year NC Kitchen, floors, bathroom and paintings entirely renovated. 5th floor : 4-room apartment - rental income of CHF 22'800.-/year NC Kitchen, floors, bathroom and paintings entirely renovated. 6th floor : 3-room apartment - rental income of CHF 15'828.-/year NC 7th floor : 4-room apartment - rental income of CHF 33'600.-/year NC Kitchen, floors, bathroom and paintings entirely renovated. 8th floor : 3.5-room apartment - rental income of CHF 20'160.-/year NC 11th floor : 5-room apartment - rental income of CHF 29'040.-/year NC Kitchen, floors, bathroom and paintings entirely renovated. Rental income Annual net rental income: CHF 152'028.- NC Annual gross rental income: CHF 163'656.- IC Note that an indoor parking space is rented by the management for each apartment. An ideal opportunity for investors looking for a profitable residential portfolio in Geneva.
