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Great offer for investors ( 29% ROI)

PRICE: 2,200,000 PLN , SIZE: 800m2, 23 ROOMS, 30 BEDROOMS, 23 BATHS
City: , District: , Street name: Narutowicza
Property ID: 24104
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BASIC ASSUMPTIONS OF THE BUSINESS OF THE PLAN
ETHER RESIDENCE
IN THE AREA OF THE ŁÓDŹ UNIVERSITY CAMPUS
DESIGN
Revitalization of an existing residential building with the construction of a new building
purposeful, which together will create a modern private residence. Product o
investment characteristics – high attractiveness of flats for rent for
students and academic staff of the University of Lodz, University
Medical and other nearby colleges and companies.
The existing building after renovation and superstructure: 798 m2 / 23 apartments
New building: 526 m2 / 10 apartments
Total Residence: 1 324 m2 / 33 apartments and 182 m2 / 2 commercial premises
17 “student” flats from 20 to 41 m2 [old building]
4 duplex apartments with a division of 25-27 / 16-17 m2 [old building]
2 apartments “2-level with attic” – 70 m2 and 71 m2 [old building]
10 “typical” apartments from 35 to 75 m2 [new building]
8 parking spaces in a semi-underground garage [new building]
2 commercial premises: 123 m2 [old building] and 59 m2 [new building]
NECESSARY INVESTMENT
Purchase of the owner of the property: PLN 2,200,000
Construction / executive project with supervision: PLN 130,000
Renovation and superstructure of the existing building: PLN 1,500,000
Construction of a new building: PLN 1 700 000
Zagospodarowanie terenu / chodników / garden: PLN 100,000
The entire investment: PLN 5,630,000
INCOME
Sale of flats: [4 750 PLN / m2] 6 289 000 PLN
Sale of garage spaces: [PLN 25,000 / month] PLN 200,000
Sale of business premises: [5,000 PLN / ares] 55 000 PLN
Sale of business premises: [PLN 4,000 / m2] PLN 728,000
Total sales: PLN 7,272,000
INCOME: PLN 1 642 000
RETURN ON INVESTMENT: 29%
All values on both the investment and sales sides do not include VAT.

Documents
Address: Narutowicza
City:
Country: Poland
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Property Id : 24104
Price: 2,200,000 PLN
Property Size: 800 m2
Rooms: 23
Bedrooms: 30
Bathrooms: 23
Garages: No information
Floors No: 0

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