Yielding residential complex in the city center of Riga

Property type:
Residential complex
Location:
Riga, Centre
Total area:
3 846 sq.m.
Land plot:
2 174 sq.m.
Price:
Sold

Profitable residential complex in the center of Riga, commissioning - August 2020

4 residential buildings with a total area of ​​3846 m2,

Total leasable area 3,168 m2, consisting of:

1. Existing, reconstructed residential building:

  • total area 964 m2,
  • leasable area 713 m2,
  • 17 apartments - rented,
  • complete reconstruction was carried out in 2017.

2. New residential building No. 1:

  • total area 907 m2,
  • leasable area 757 m2,
  • 27 apartments,
  • commissioning - August 2020.

3. New residential building No. 2:

  • total area 1351 m2,
  • leasable area 1172 m2,
  • 32 apartments,
  • commissioning - August 2020.

4. Reconstructed residential building:

  • total area 625 m2,
  • leasable area 526 m2,
  • 15 apartments,
  • commissioning - August 2020.

2 plots of land with a total area of ​​2174 m2, owned

YIELD ~ 7%

Location by link

Request personal Real Estate Proposal
We will provide consultancy on the purchase of commercial real estate in Latvia and will find objects corresponding to your request.
Aleksey Pashkovsky
Head of Sales
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