Leasehold Apartment complex in Riga center for sale.

• 43 apartments

• 7 floors with basement

• Leasable area: 2,552 m²/ total area: 3,138 m²

• Land-plot 1,013 m² with courtyard 440 m²

• Sales revenue is split by residential/offices/retail accordingly: 74%/16%/10%.

• 1st floor & basement has retail specific tenants (beauty salon and photo shop/studio); whereas, on the 4th floor there are offices of the companies related to the PORTFOLIO

• Free parking available on nearby streets

• Fully reconstructed in 2017

• Average rent price for the apartments: 8.8 EUR/ m²

• Fully let

• Net operating income in 2021 expected 215 TEUR

Location:

- Spacious recreational green area: ring-fenced courtyards with playground for the children

- Surrounded by magnificent and vast green park area available for walks and outdoor sport activities (parks called: Miera darzs – the Garden of peace — and Klusais darzs – the Silent garden)

- Just 10–15 minute walking distance form the Central Business District and the old town

- Excellent access to the public transport: (a) trolleybus, tram and bus stops 3–5 min. (b) central railway station 10 min on foot. (c) Airport – 15 minutes by taxi or 35 minutes on the bus (number 22). (d) the terminal bus stop/major hub (street Abrenes) for all the buses in Riga just 5-minute-walk away.