Apartment building with 4.93% return without rent adjustment
Ringstrasse 4, 5025 Asp
Last checked 1 Tag ago 5 days on the market
Purchase price
CHF 1’750’000.–
- Price / m²
- CHF 4’499.–
- 13.5
- Rooms
- 389 m²
- Living area
At a glance
- Available from
- Immediately
- Property type
- Multi-family house
- Year built
- 1923
- Last renovation
- 2026
- Ceiling height
- 2.4 m
- Floors
- 4
- Bathrooms
- 5
- Last renovated
- 2026
- Apartments
- 3
Equipment
Condition & location
Taxes per year
Description
A fully rented apartment building with three apartments, CHF 66'600 net rental income per year – and an additional building land reserve of around 400–450 m2. Purchase price of the entire property: CHF 1.75 million. Current return: 3.81 %. But that's where it gets exciting: A feasibility study for a single-family home with around 140 m2 of living space is already available for the building land reserve. If the building land reserve is subdivided and sold separately for around CHF 400'000, the calculated entry price would be: CHF 1.35 million for the entire apartment building With current net rental income (currently fully rented) = 4.93 % net return. And there's even more potential: 3 existing apartments with approximately 95 m2, 125 m2, and 169 m2 – a possible division into condominium ownership can also be examined. Hold. Subdivide. Develop. Divide. A property with existing cash flow and several options for the next owner. Sales price: CHF 1'750'000 Those who calculate further should take a closer look at this property. Viewing? - we're happy to be there for you. The depicted subdivision and return calculation are calculated with market-standard numbers, but no guarantee is assumed.
Location & surroundings
- Bus Asp Abzweigung 338 m
- Bus Asp Abzweigung 340 m
- Bus Densbüren Ausserdorf 946 m
- Bus Densbüren Ausserdorf 962 m
- Heating
- Boiler · Oil
- Hot water
- Boiler · Oil
- Dwellings in building
- 1
- Floors
- 3
Source: FSO – Federal Register of Buildings and Dwellings (RBD) · As of 2001
CHF 1’750’000.–
5025 Asp
