San Pedro Apartments – Bank Purchase Opportunity
A rare opportunity to acquire, upgrade, and realize value from a bank-owned asset with strong upside potential.
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Deal Overview
Distressed Asset Acquisition
Acquisition of distressed asset from bank at significant discount
Property Composition
21 residential units (3,096 m²), 8 commercial units (1,124 m²), 28 garages
Strategic Location
Prime location, strong local demand
Investment Highlights
€2.07M
Initial Investment
Required capital to secure the property
€4.29M
Total Project Cost
Including renovations and fees
€9.40M
Conservative Sales Revenue
Projected total sales value
€5.11M
Projected Gross Profit
Expected return on full investment
Timeline & Execution
Acquisition
May 2025
Registration
12–16 months
Renovation
€50,000 per unit, total €1,050,000
Sales
Sales process follows completion of upgrades
Financial Metrics
All units currently rented (except 2), ensuring cash flow during transition
Exit Strategy
Portfolio Sale
Complete property sale to institutional investor
Commercial Units
Sale of renovated commercial spaces
Residential Units
Sale of upgraded apartments
Garages
Sale of parking spaces
Sale of renovated apartments, commercial units, and garages with multiple exit points: individual or portfolio sales
Team & Track Record
Experienced Management
Local management team with deep market knowledge and proven execution in similar bank-driven transactions
Renovation Partners
Skilled contractors with experience in upgrading residential and commercial properties to maximize value
Proven Results
Track record of successful execution in similar bank-driven transactions
Why Invest?
Rare Opportunity
Rare opportunity to acquire, upgrade, and realize value from a bank-owned asset
Strong Financial Upside
119% ROI and ~39.7% IRR over 3 years based on conservative assumptions
Cash Flow Security
Nearly all units currently rented, ensuring steady income during the transition period
Clear Exit Strategy
Multiple exit options with strong local demand for both residential and commercial properties