16 room Multi-family house in Cressier

A rental property with 6 apartments in Cressier, built in 1902 and spread over 3 levels.

Rental income of CHF 77,760/year, which corresponds to a gross yield of approximately 4.57%, with significant potential for value appreciation.

Composition:

• Ground floor: 1 two-room apartment, 1 three-and-a-half-room apartment, 2 studios, and 1 technical room with laundry facilities.
• The 1st floor has 1 six-room apartment and 1 two-and-a-half-room apartment.
• The 2nd floor has undeveloped attics that can be used to create 2 additional apartments.
• Each apartment has its own meter; most have a private terrace (4 in total).

The building also includes outdoor parking spaces, a technical room, and communal laundry facilities. Corner location with good visibility in the center of the village.

Potential for appreciation:

The development of the attics allows for the creation of 2 additional apartments, subject to permits. A direct lever on the rental area and the value of the building.

Financial data:

• Rental income: CHF 77,760/year
• Gross yield: approximately 4.57%
• Potential reserve through the development of the attics

Highlights:

• Rental income from the date of purchase (apartments already rented)
• Mix of apartment sizes, from studio to six-room apartment: diversified rental income that minimizes the risk of vacancy
• Undeveloped attics that can be converted into 2 additional apartments
• Scope for optimizing rents when re-letting
• Well-maintained building: renovated entrance areas and staircase in good condition
• The connection permits for the district heating have already been obtained and the pre-connection is installed.

Cressier offers tenants a practical environment with shops, schools, services, and public transportation nearby. CFF train station about 500 m (Neuchâtel, Biel, Yverdon) and CarPostal line 133.

Sales price for the entire property: CHF 1,700,000.–

A comprehensive dossier with rental agreements and architectural plans is available upon request.