Apartment block for sale

Investment Property Complex with 9 Recognised Units

Between Namur and Charleroi – Investment Property Portfolio with 9 Recognised Units

Located in Saint-Martin, between Namur and Charleroi, this property portfolio represents a rare opportunity for an investor looking to acquire a residential portfolio comprising 9 officially recognised units.

The transaction brings together two properties located in close proximity: an investment building comprising 7 residential units and two separate, officially recognised houses.

Total reference property value: €1,250,000.

Place Saint-Martin 91 – 7 recognised units

The building comprises 6 one-bedroom apartments spread over three floors, as well as a two-bedroom duplex in an annex with its own private entrance.

The 6 apartments in the main building are currently managed through an AIS (Social Rental Agency), providing attractive rental security. The future owner may choose to continue this arrangement or, subject to the terms of the current agreement, return to traditional rental management. The duplex is managed independently.

Rental income: €3,600/month, or €43,200/year
Asking price: €700,000
Gross rental yield: ± 6.2%
EPC ratings: C, D and E, depending on the unit

Rue Émile Matelart 129 – Two recognised houses

The property consists of two separate and officially recognised houses, each offering approximately 175 m² of living space, for a total of nearly 350 m².

Both properties are currently rented and offer generous volumes, several bedrooms, outdoor spaces and parking possibilities. They also benefit from photovoltaic panels, compliant electrical installations and EPC ratings B and C.

The property is owned by a property-holding company whose shares are being offered for sale.

Reference property value: €550,000. This amount corresponds to the property value of the two houses and not to the sale price of the company shares.

In total: 9 officially recognised residential units.

The two properties may also be considered separately.

Full documentation, financial and rental information, and viewings available upon request.

More information: www.jj-properties.be
J&J Ref.: 7798089