Investment Apartment with Balcony for Rent | 8.5% Return

Description

For sale, a smart apartment with a private balcony in a profitable building – an option for an investor who wants to receive monthly rental income and transfer all operational issues to a management company.
Area – 24.3 sq m
Price – $37,900
Projected rent – 20,000 UAH/month
Expected return – 8.5% per year
One of the main advantages of the apartment is a private balcony, which adds comfort for the resident and makes the property more attractive for further rental.
The building is already in operation, and renovation works are currently underway in the apartments.
The following infrastructure is provided for residents:
• Co-working space
• Rooftop BBQ / relaxation area
• Laundry
• Commercial premises
After launch, the apartment can be transferred to a management company, which will take on:
• Finding tenants
• Occupancy
• Communication with residents
• Payment control
• Solving household and technical issues
Thus, the investor receives a ready-to-rent property with professional management, without having to deal with all operational issues.