I propose for sale in the heart of Saint Florentin, a real estate complex composed of a large residential apartment as well as 5 adjacent commercial units.

CURRENT STATE OF THE COMPLEX:
The complex is in very good overall condition. The commercial units are all rented and the residential apartment of 230 m2 rated C with high-end finishes and the commercial spaces rated D for energy performance.

BUILDING COMPOSITION:
- 1 apartment of 230 m2
- 1 commercial garage of 150 m2
- 1 floor of former offices of 230 m2
- 1 beauty salon of 55 m2
- 1 tea salon of 83 m2
- 1 hair salon of 29 m2
- 1 nurse office of 33 m2

FIGURES
Possible gross annual rents: €56,000
Surface area: 800 m2
Property tax: €6,448
Gross yield excluding expenses: 10%
Current occupancy rate: 100%

RENTAL SITUATION AND OPTIMIZATIONS:
The complex is under single ownership with no syndication fees. 100% of units are rented long-term with leases in place. The apartment with premium finishes of 230 m2 currently occupied by the owner can be rented furnished (calculation method used for immediate profitability) as well as the garage unit already commercial and the 1st floor space of 230 m2 for storage. Otherwise there is the possibility of divisions and work to optimize further.

WORKS:
The residential unit is rated C. The commercial units are also well-rated, no energy inefficient properties. No work planned except for divisions or change of use.

ADVANTAGES:

• Possibility of creating a condominium and resale in divided lots