Foule 21 - Sale of a rental property
Rental property ? 8 fully rented apartments ? Le Locle (NE) Investment opportunity not to be missed : This rental property, ideally located at Chemin de la Foule 21 in Le Locle (NE), offers a rare opportunity on the real estate market of the Neuchâtel mountains. The property consists of eight apartments, divided into 3 and 4 room units, complemented by a separate room for the staff. The entire property is currently fully rented, without any vacancies, and generates an annual net rental income of CHF 66'240.-, which is CHF 5'520.- per month. The yield is almost 5%, which is particularly attractive in the current Swiss market context. The apartments are functional and well laid out and meet a sustained demand for rental apartments in the region. The quality of the occupation and the stability of the current tenants allow for a serene takeover, with immediate income from the first day.THE NEIGHBORHOOD The La Foule area benefits from a quiet residential environment and a central location. All amenities are within walking distance: shops, schools, public transport, train station, media library, cinema, museums, and sports facilities (swimming pool, ice rink). Le Locle, a UNESCO World Heritage Site since 2009 for its watchmaking town planning, is the second largest industrial town in the canton of Neuchâtel with approximately 10,400 inhabitants. Connected to La Chaux-de-Fonds and Neuchâtel by the cantonal road 20 and the regional railway line, the town will also benefit from the planned opening of a road tunnel in 2032, which will strengthen its attractiveness and the valorization of the local real estate portfolio. With prices per square meter among the most competitive in Romandy (between CHF 3,500 and 5,000/m²), Le Locle offers investors exceptional entry conditions and medium-term appreciation potential.FINANCIAL DATA • Annual net rental income: CHF 66'240.- • Selling price: CHF 1'330'000.- • Yield: 4.98 % - • Gross rental multiplier: × 20.1 • Occupancy rate: 100 % Complete sales dossier available upon request. Viewings by appointment only.