MONTHEY, Valais, Address available on request

Details:- KREAL Immobilier is pleased to present this exclusive investment property in Monthey.

Built in 1980 and renovated in 2012, this building enjoys a first-class location, in the immediate vicinity of the city centre, schools and shops.

It is composed of 20 apartments (10x 4.5 rooms of 91 m² and 10x 3.5 rooms of 79 m²), 22 outdoor parking spaces and 15 garage-boxes.

There are no vacancies, the building is 100% leased.

Rental status:

- Current net rental income: CHF 350,948.00

Income distribution:

- Rental income from homes: CHF 312,588.00, i.e. 89%
- Rental income from parking spaces / garages: CHF 30,360.00, i.e. 8.5%
- Antenna rental income: CHF 8'000.00, i.e. 2.5%