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Commercial property for sale: 450 m² in Batumi, Revaz Komakhidze St, 7 – $550,000

Revaz Komakhidze St, 7
$‍‍550,000
$‍1,222 per m2
₾
$
450 m2
total area
area
1 floor
out of 4
out of 4
Listed
Listed
1 hour ago
Updated
Updated
1 hour ago

Description

Area 450 m² 📍 1st floor | finished property 💵 $1 222/sq. m 💰 Price — $550 000 🔥 Income-generating asset — ready rental business ➕ Existing tenant ➕ Current rent — $3 000/month ➕ Contract valid until the end of 2026 ➕ Option to renew the contract ➕ Old Town ➕ The property is also available for lease 💸 Rent — $4 500/month 📊 Investment metrics • Current yield — 6.55% per annum • Potential yield — 9.82% per annum • Forecast CAP Rate — calculated on request • XIRR — calculated on request • Total ROI — calculated on request 📄 Registered to an individual | purpose — commercial 📩 WhatsApp, Telegram 📞 WhatsApp, Telegram, Tel ‼️ We cooperate with brokers ‼️
Property ID: 1034201
Sold Out Commercial Fedor
Sold Out Commercial Fedor
Agent
Agent
Speaks: русский, english

Building and location

Revaz Komakhidze St, 7
Batumi, Old City
4 floors
Completed in 2023
All listings for sale

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍467,500 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
40 538
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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