Commercial property 7 789 m² in Riga, Latvia

Leasehold Apartment complex in Riga center for sale.

• 141 apartments
• 6 floors and basement (underground parking)
• Leasable area of
apartments: 4 505 m2 / total area: 7 789 m2
• Land-plot 2 221 m2 with courtyard (green area) of 930 m2
• 49 parking places in the underground, free parking available on nearby streets
• Newly constructed in 2021
• Average rent price: 10.7 EUR/m2
• As per May 2021: 60 out 141 apartments let. Expected to be fully let until 30/09/2021
• Net operating income in 2021 expected 573 TEUR

Location:
- Spacious recreational green area: ring-fenced courtyards with playground for the children
- Surrounded by magnificent and vast green park area available for walks and outdoor sport activities (parks called: Miera darzs – the Garden of peace - and Klusais darzs – the Silent garden)
- Just 10-15 minute walking distance form the Central Business District and the old town
- Excellent access to the public transport: (a) trolleybus, tram and bus stops 3-5 min. (b) central railway station 10 min on foot. (c) Airport – 15 minutes by taxi or 35 minutes on the bus (number 22). (d) the terminal bus stop/major hub (street Abrenes) for all the buses in Riga just 5-minute-walk away.