29-bed investment property, L'Escaillère

(France) - Come discover this superb investment property, ideally located in the heart of the charming village of Aubenton, about 20 minutes from the Belgian border. Perfectly maintained, this charming property complex represents a rare opportunity for investors, with its 15 units offering a nice variety of rental options. The building includes 2 studio apartments, 5 one-bedroom apartments, 2 two-bedroom apartments, 5 three-bedroom apartments, and a spacious four-bedroom duplex, for a total living area of approximately 910 m², plus common areas and outbuildings. The complex also features two cellars, a pleasant landscaped courtyard of 340 m², and six parking spaces. In terms of amenities, you’ll enjoy double-glazed windows, city gas heating with both individual and central boilers, as well as partial interior insulation. At full occupancy, annual rent totals €82,740 excluding expenses, with room for rent increases on certain units. After deducting expenses, the annual net income is around €50,000, depending on the year. Make an offer starting at 990,000 EUR. Subject to the owners’ acceptance. ENERGY PERFORMANCE: DPE No. 2502E3139849R - DPE Rating: D - Specific Energy Consumption: 239 kWh/m²/year - Total Energy Consumption: 218,095 kWh/year.