9 Calle Caballeros - Apartments FOR SALE


Ávila, AVI 05001
$475,000 USD

NO PHOTO

$475,000 USD
Apartments - FOR SALE
null | Request Cap Rate

9 Calle Caballeros
Ávila, AVI 05001


HIGHLIGHTS

  • Central and historic area.
  • Just steps away from the Ávila Cathedral.
  • Investment opportunity.
  • Great visibility.

OVERVIEW

Historic residential building, constructed in 1922, located on a corner with dual frontage on Caballeros Street and Pedro Lagasca Street. This is a unique property that retains architectural elements representative of its era, making it ideal for a rehabilitation project with heritage value. The building consists of a ground floor, three upper floors, and features an interior courtyard that provides natural light and ventilation throughout. It houses three residential units, one per floor, each with an approximate built area of 2,271 sq. ft. (211 m²). On the ground floor, there are two commercial spaces measuring 592 sq. ft. (55 m²) and 129 sq. ft. (12 m²) respectively, allowing for a combination of residential and commercial use. The property is protected under environmental heritage regulations, as outlined in catalog file PA 194. This protection requires the preservation of the façades and roof but allows for interior reorganization or restructuring, offering significant flexibility for planning its rehabilitation. The plot size is 2,325 sq. ft. (216 m²), with a total built area of 9,074 sq. ft. (843 m²). No additional buildable area is permitted. The building requires a full-scale rehabilitation, presenting an excellent opportunity for developers and investors interested in restoring a property with character in a high-demand area with architectural value. Its combination of spacious interiors, ground-floor commercial spaces, and potential to highlight its original features makes it a unique asset for a high-quality residential or mixed-use project.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,325 SF

ZONING

-

APN/PARCEL ID

6421028UL5062S

ASK ABOUT THIS PROPERTY

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