We acquired a set of storage units (24 m²) for 10,.700 EUR. Closing and notary costs amounted to 1.200 EUR.
They are currently rented for 3.360 EUR per year, generating an annual ROI of 25%.
Project Details
Acquisition
10.700 EUR
Construction Works
1.500 EUR
Timeline
1 month
Value Creation
Through renovation
Strategy
Asset repositioning and optimized for rental
Process
The units were improved with a new electrical circuit and repainting, representing an additional investment of 1.500 EUR, bringing the total investment to 13.400 EUR.
