Residential building
Monthey, Chablais valaisan
Google translation from the original version (FR)
1870 Monthey, Réf 4004551
Yield building in the heart of Chablais Valais composed of 16 PPE apartments (8 x 3.5 rooms and 8 x 4.5 rooms) fully rented as well as 19 outdoor parking spaces. The building has belonged to the same owner since construction. It is in very good general condition with regular maintenance and monitoring by professionals in the region.
The following work has been carried out over the last 15 years:
- Under-roof insulation
- Changing windows throughout the building
- Replacement of all kitchens
- Renovation of 14 bathrooms
- Changing apartment floors
- Complete list of works in the file
Net rental income: CHF 203,160.- per year (yield 4.20%)
The owner of the property wanted to provide people in the region with attractive rents which have just been adjusted upwards. (full rental statement on request)
The medium/long term rental prospects are around CHF 250,000.- net (5% yield) by readjusting rents during future tenant departures. Demand is strong in this area. No advertising has ever been necessary to replace an outgoing tenant.
