$645,909

Harmon For Sale – Pau City Center – Investment Building With 6 Units – Opposite Louis Barthou High S

  • 2,885 Sqft
  • Updated: Yesterday

About the Property

Harmon Immobilier offers you for sale a fully vacant investment building consisting of 6 units, located at 18 boulevard Barbanègre in Pau, with a particularly attractive location for rental investment.

A strategic location in the heart of Pau

The building benefits from a privileged situation in downtown Pau, directly opposite Louis-Barthou High School, an iconic establishment of
Harmon Immobilier offers you for sale a fully vacant investment building consisting of 6 units, located at 18 boulevard Barbanègre in Pau, with a particularly attractive location for rental investment.

A strategic location in the heart of Pau

The building benefits from a privileged situation in downtown Pau, directly opposite Louis-Barthou High School, an iconic establishment of the city.

Its location allows quick access to all downtown amenities: shops, services, transportation, schools, and main activity hubs.

This setup is a real asset for a rental investment, especially for furnished rentals aimed at students, preparatory classes students, and young professionals.

Pau is also a major university and economic city in Béarn, ideally located between the Pyrenees and the Atlantic coast, benefiting from a job market and a student population favorable to the rental market.

A set of 6 units

The building develops approximately 267 sqm of Carrez law and consists of 6 independent units of about 26 sqm, 31 sqm, 38 sqm, 39 sqm, 57 sqm, and 75 sqm.

The ground floor unit is 56.89 sqm Carrez and also benefits from a private garden, a cellar of about 40 sqm, and an additional room of about 12 sqm.

The presence of a private garden and these significant annexes is a real advantage for an apartment located in the city center.

Four units are in very good condition and are particularly suitable for furnished rentals.

Two units remain to be completed, allowing the future owner to finalize the layouts and amenities according to their rental strategy.

The entire building is offered vacant, allowing the purchaser to organize their investment immediately and freely choose their operating mode.

Rental potential of the building

Considering the configuration of the apartments and the location opposite Louis-Barthou High School, a rental strategy can be considered with 4 units rented furnished and 2 units rented unfurnished.
The rental potential thus amounts to around €3,600 to €3,650 excluding charges per month, or about €43,200 to €43,800 excluding charges per year, once the two units to be completed are finalized and the entire property is rented.

With its 6 units, private garden, significant annexes, location opposite Louis-Barthou High School, and rental income potential, this building is particularly suitable for a patrimonial investment project in Pau.

For more information or to arrange a visit, contact Harmon Immobilier, your local actor in Béarn.
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

  • Floors

    3

  • Price/sqft

    $223

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Pau, Nouvelle-Aquitaine, France View on Google Maps
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Harmon France

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Harmon France
France
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32
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2024
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Harmon France
Artix, France
View agency profile
Last updated
Yesterday
First listed
October 6
Listing reference
87331293
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