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Calle Rincón de la Victoria

3,466 SF Industrial Condo Unit Offered at $499,809 in 28018 Madrid

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Investment Highlights

Profitable sales
Well connected

Possibility of extension

Property Facts

Price	$499,809	Property Subtype	Apartment
Unit Size	3,466 SF	Sale Type	Investment
No. Units	1	Building Class	C
Total Building Size	> 50,000 SF	Floors	5
Property Type	Multifamily (Condo)	Year Built	1960 - 1969

Price	$499,809
Unit Size	3,466 SF
No. Units	1
Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment
Building Class	C
Floors	5
Year Built	1960 - 1969

1 Unit Available

Unit Size	3,466 SF	Condo Use	Industrial
Price	$499,809	Sale Type	Investment
Price Per SF	$144.20

Unit Size	3,466 SF
Price	$499,809
Price Per SF	$144.20
Condo Use	Industrial
Sale Type	Investment

Description

Profitable storage unit for sale, located on a very commercial street in the Palomeras Sureste area.

The place turns out to be a group of 17 storage rooms, of different sizes, currently rented, offering an initial return of 5%. But the possibilities of this place offer the option of expanding the number of storage rooms, almost doubling their number, which would increase profitability to a much more attractive percentage.

It is located in the basement of a shopping mall and surrounded by other shops and residential buildings.

It's a great investment opportunity.