For sale is a hotel residence ideally located in Nantes in a dynamic and sought after area. This property represents a rare opportunity for investors and property dealers in the hotel and commercial real estate sectors. Main features Total area approximately 3 081 m2 Basement laundry parking 310 m2 Ground floor reception offices 680 m2 Floors 1 to 4 93 studios 1 T2 1 953 m2 5th floor offices 138 m2 Additional information Plan a budget for work to bring up to standard enhancement. Provide a budget for exit compensation for the existing tenant funds . Letter of interest required to obtain the complete file plans and financial data. Investment advantages Rare product for sale in the hotel sector in Nantes. Attractive profitability after optimization and valuation. Strong potential for revaluation thanks to its strategic location and large surface area. Financial projections estimates 1. Property dealers Resale by unit Scenario division into lots for resale of the 93 studios 1 T2 Average market price in Nantes 2 800 m2 to 3 500 m2 depending on condition and location Estimated resale value between 8.6 million and 10.7 million Potential gross margin 20 to 40% after work and costs 2. Rental investor Long term rental 93 studios 1 T2 Average rents in Nantes 450 to 550 month per studio 700 to 800 for a one bedroom apartment Estimated annual rental income between 510 000 and 600 000 year Estimated gross yield 7.3% to 8.5% excluding charges and taxes 3. Rental investor Short term rental student residence hotel Average nightly rate 50 to 70 depending on season and occupancy rate Average occupancy rate in Nantes 70% to 80% Estimated annual rental income between 1.2 million and 1.5 million year Estimated gross yield 17% to 21% Location Nantes 44 Pays de la Loire Selling price 7 000 000 Ad reference P Ideal for property dealers hotel investors serviced residence operators or institutional investors. Services No information available
