Apartment for sale

Investment Building: 8 Apts, 5 Garages & 4 Parking

Excellent Investment Opportunity: Fully Let Apartment Building in a Prime Location in Kortrijk

Are you looking for a hassle-free investment with an immediate return? This fully let apartment building, located in a prime area of Kortrijk, offers a unique opportunity.

Constructed around 1992, the building comprises 8 spacious apartments, each with a private basement storage room. In addition, it includes 5 enclosed garage boxes (the asbestos roofs will be replaced at the seller's expense prior to completion of the sale) and 4 private parking spaces. Every apartment is equipped with individual utility meters, a recent gas-fired boiler, an electric water heater, a water softener and individual utility connections, making property management particularly straightforward.

The apartments have an average living area of approximately 85 to 90 m² and feature a practical layout including an entrance hall, a bright living room, a separate fitted kitchen, two bedrooms (one apartment has a single bedroom), a bathroom or shower room, a separate toilet and a private basement storage room. Thanks to the lift, well-maintained communal areas and the building's solid construction, residents enjoy a high level of comfort.

A major advantage is that all apartments are currently rented and have consistently been let without vacancy issues. The property is exceptionally well maintained and is in excellent overall condition. The average EPC rating is approximately 200 kWh/m², providing attractive energy performance.

The sale includes the entire building, consisting of:

8 apartments
8 private basement storage rooms
5 enclosed garage boxes
4 private parking spaces