Property type: An office building for redevelopment in Shevchenkivskyi district of Kyiv
Short project description: a commercial building acquisition and redevelopment opportunity in a ministerial quarter in the very heart of Kyiv offering a potential yield of over 28% per annum over 5 years
Forecasted acquisition cost: $700,000
Estimated additional costs to invest: $1,500,000
Estimated total costs: $2,200,000
Estimated 1st year rental income: $240,000
Estimated annual escalation: 10%
Estimated total 5 year rental income: $1,465,000
Estimated average 5 year rental yield: 13.3%
Estimated sale price based on 10% yield of the 6th year rental income: $3,865,000
Estimated average annual project yield: 28.2%
If interested please contact Mr. Terry Pickard