$1,057,032

Nîmes Building

  • 9 Beds
  • 1,799 Sqft
  • Updated: Yesterday

About the Property

A great investment opportunity in the heart of a rapidly evolving neighborhood!

Located very close to the Hoche faculty and the new eco-district, discover this income-generating building.

The property consists of 9 studios ranging from 15 to 26 m², spaces particularly suited to student rental demand and young professionals.

The building is organized around a pleasant int
A great investment opportunity in the heart of a rapidly evolving neighborhood!

Located very close to the Hoche faculty and the new eco-district, discover this income-generating building.

The property consists of 9 studios ranging from 15 to 26 m², spaces particularly suited to student rental demand and young professionals.

The building is organized around a pleasant interior courtyard, a true breathing space in the city center. There is also a small independent house of 26 m² with direct outdoor access.

Regarding parking, another major advantage: 3 individual garages and a large garage that can accommodate up to 5 vehicles, all currently rented, generating additional rental income.

The property also offers the possibility to create an additional studio, allowing for potential optimization of rental income, subject to necessary approvals.

With nearly €70,000 in annual rental income, representing an estimated gross yield of 7.45%, this building is an attractive opportunity for investors looking to grow their real estate portfolio.
Its location near universities, the city center, and an area undergoing urban transformation enhances its appeal and long-term prospects.

A single-owner property, with no co-ownership or management fees, offering the owner autonomous management of the building and its common areas.

Sale price: €939,000, seller fees included.
Property tax: €5,360, including €875 for waste collection.
Living area: 167.09 m².
The building’s collective energy performance diagnosis (DPE) is in progress; diagnostics for the 9 apartments have been completed.
Information on risks to which this property is exposed is available on the Géorisques website: [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
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  • Property type

    Other

  • Price/sqft

    $587

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Casernes, Nimes, France View on Google Maps
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FG Immobilier

Joined 3 years ago
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FG Immobilier
France
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4
Listings
2023
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FG Immobilier
Nîmes, France
View agency profile
Last updated
Yesterday
First listed
October 30
Listing reference
87542542
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