Hronov apartment building

Project Description

Status: ready for sale
Category: BICZ Residential
Amount: CZK 10 – 50 mil.
Layout: apartment building with six apartments and commercial spaces

The property is located in the town of Hronov in Eastern Bohemia. The apartment building is currently fully occupied by paying tenants with rental contracts. The overall state of the building corresponds to the age of the property. The facade is very well-preserved, and the windows are in their original state with signs of wear. The residential units are heated by an electric boiler. A gas connection is situated on the boundary of the property. In 2018, the building was partially reconstructed, and all common areas, including the garden, were completely renovated. In addition, the cellar and attic spaces were cleared out and can now be leased. The whole building is guarded by a camera system with 24/7 online access. It is recommended that only minor repairs be carried in the residential units. The sale includes a project for the completion of an additional attic apartment with an area of 60 m2. The property is in the constant care of a professional manager, who can continue to be available to the new owner. The housing demand in the region has been high for a long time.