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- LoopNet Team
Alcalá de Henares, Madrid 28802
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Ideal for student residence
- Great visibility
- Ground floor for bar-restaurant
PROPERTY FACTS
ABOUT ALCALÁ DE HENARES, MAD 28802
Ideal product for investors: 1995 building with elevator and student residence license. It consists of 7 apartments, 1 separate storage room and a commercial space (cafeteria) on the ground floor, which includes a single vaulted basement, also used as a cafeteria. The building's gross profitability in 2024 was 3.28%. Distribution of the apartments: 1st floor: 63.91 m2. Floor 1ºB: 63.11 m2. Floor 1ºC: 83.08 m2. 2nd floor: 63.91 m2. 2nd floor B: 63.11 m2. Floor 2ºC: 83.08 m2. Ground Floor: 38.14 m2. Separate storage room: 27.78 m2. Commercial space (cafeteria): 293 m2, distributed over two floors, a street floor of 193 m2 and a vaulted basement of 100 m2, intended as a multipurpose room. All apartments are currently leased as long-term housing. The lease agreements will be available to interested parties who would like more information. The building's profitability could increase considerably if the apartments were rented to students on temporary contracts per school year.
