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Aubenas
Property Description: The subject property is located in Aubenas, a vibrant town with a strong commercial sector. Aubenas is situated close to a bustling activity center and the town's main square. The commercial building spans a total of 800 m², divided into five lots. The property includes an apartment with a second-floor layout, which is currently vacant and ready for refurbishment. Additionally, there are three rented commercial spaces generating a steady revenue of 1,950€ per month. Two of these spaces are currently vacant, providing an opportunity to increase the property's income potential. Pros for Real Estate Investment: 1. Rentabilité (Rentability): The current revenue generation from the rented commercial spaces is an attractive income stream. 2. Emplacement (Location): The property's location in the heart of Aubenas is a significant advantage, as it places it near popular shopping and dining options, as well as local amenities. 3. Emprier des locaux vierges (Vacant spaces): The two vacant commercial units provide the opportunity to increase your income by attracting new tenants or using them for your own purposes. Cons for Real Estate Purchase: 1. Refurbir l'appartement (Refurbish the apartment): The vacant apartment requires renovation to bring it up to current standards and make it appealing to potential tenants. 2. Travailler à Aubenas (Working in Aubenas): As the property is for sale, the owner is currently working in Aubenas. This may limit the pool of potential buyers looking to relocate. Overall, the property appears to have good potential for real estate investment, with the income potential generated by the rented commercial spaces and the opportunity to further increase revenue by renovating the vacant apartment and filling the vacant commercial units. However, the need for renovation and the potential difficulty of attracting a buyer who works in Aubenas may slightly dampen its appeal.
Aubenas