Multi-family house - Biasca

At a glance

Description

In a central location in Biasca we propose for sale a portfolio composed of 4 rental buildings with guaranteed income of 5% for 2 years , mainly for residential use with a commercial component, built on 3 contiguous plots. The properties are in good condition, the result of continuous management with maintenance and improvement work carried out over time. Revenue structure and rental profile: The rental is characterized by largely annual contracts and moderately sustainable rents (below the current average), a factor that typically translates into high occupancy and low turnover. Most tenants are long-term. In the event of terminations, the apartments are normally renovated/upgraded when necessary before being put back on the rental market; any vacancies are therefore mainly due to technical times for intervention. Composition (units and current vacancies): Commercial units: 9 (1 free) Residential units: 15 (2 free) Parking spaces: 13 (4 free) Investment / value drivers: Cash flow already in place with a stability profile linked to historic tenants and defensive rents. Potential for income growth through: absorption of current vacancies (commercial/residential/parking), gradual adjustment of rents to market levels on turnover and/or after targeted interventions, optimization of management (rental mix and contractual conditions). Documentation and details (rental contracts, rental status, income, expenses, and investment history) available upon request.

All characteristics

Location & surroundings