Building for sale in CAZERES SUR L'ADOUR (40)

EXCLUSIVE – INVESTMENT PROPERTY – 5 UNITS – POTENTIAL GROSS YIELD 11.6% Exclusively in Cazères-sur-l'Adour, discover this single-owner investment property, ideal for investors seeking a rental asset offering immediate income and attractive profitability potential. The property, spread over 3 levels, comprises 5 units, 4 of which are currently rented and 1 vacant, as well as a closed garage of approximately 24.76 m² and common areas. AN EXISTING RENTAL SITUATION The four currently occupied units generate €1,720 in monthly rent, representing: → €20,640 in current annual gross rental income → Approximately 9.2% gross yield on the listed sale price The fifth unit, currently vacant, was previously rented for €450 per month. At full occupancy, the property could generate: → €2,170 in monthly rent → €26,040 in potential annual gross rental income → Approximately 11.6% potential gross yield on the listed sale price. This potential profitability is calculated based on full occupancy of all five units and before deduction of expenses, acquisition costs, taxes, and any potential vacancies. PROPERTY CHARACTERISTICS The building has a total floor area of 149.57 m², as recorded in the DDT (Diagnostic Technique Immobilier - Land Registry Diagnostic), in addition to a closed garage of approximately 24.76 m² and the common areas. Property tax: €1,783 per year, including €436 for household waste collection tax. The sale covers the entire building as a single-owner property, allowing the buyer to own the entire property without any shared ownership. With 80% of the units currently occupied, existing rental income, and one vacant unit allowing for rapid maximization of rental potential, this property presents a particularly suitable opportunity for a rental investment and yield strategy. Sale price: €225,000 (agency fees included). Current gross yield: approximately 9.2%. Potential gross yield at full occupancy: approximately 11.6%. Rental portfolio and further information available upon request. Viewings upon presentation of a coherent acquisition plan. Property offered exclusively by Capifrance. The yields indicated are gross calculations based on reported rents and the listed sale price. They do not constitute a guarantee of future returns. Additional potential to be developed: In addition to the five existing units, the building includes a garage offering significant development potential. Its layout allows for a three-story expansion, with the possibility of creating up to three additional units, subject to technical feasibility and obtaining the necessary administrative permits. A particularly interesting opportunity for an investor seeking both existing rental income, attractive profitability and medium or long-term appreciation potential. The fees are to be paid by the seller.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

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