Acquisition of distressed asset from bank at significant discount
21 residential units (3,096 m²), 8 commercial units (1,124 m²), 28 garages
Prime location, strong local demand
Required capital to secure the property
Including renovations and fees
Projected total sales value
Expected return on full investment
May 2025
12–16 months
€50,000 per unit, total €1,050,000
Sales process follows completion of upgrades
All units currently rented (except 2), ensuring cash flow during transition
Complete property sale to institutional investor
Sale of renovated commercial spaces
Sale of upgraded apartments
Sale of parking spaces
Sale of renovated apartments, commercial units, and garages with multiple exit points: individual or portfolio sales
Local management team with deep market knowledge and proven execution in similar bank-driven transactions
Skilled contractors with experience in upgrading residential and commercial properties to maximize value
Track record of successful execution in similar bank-driven transactions
Rare opportunity to acquire, upgrade, and realize value from a bank-owned asset
119% ROI and ~39.7% IRR over 3 years based on conservative assumptions
Nearly all units currently rented, ensuring steady income during the transition period
Multiple exit options with strong local demand for both residential and commercial properties
A rare opportunity to acquire, upgrade, and realize value from a bank-owned asset with strong upside potential.