Investment Management services
Multi-family real estate is suitable to high net worth investors who wish to build a relatively large portfolio of rental units. These homes allow you to generate more income in the least amount of work and stress. Many successful investors who have pursued investing in multifamily properties will tell you that it is one of the most powerful investment strategies in the market today. Acquiring a 10-20 unit apartment building is a lot easier and much more time efficient than purchasing 20 different single-family homes.
If you’re considering investing in Multi Family Homes, then it is important to commit yourself to producing high quality, fully compliant accommodation that attracts professional tenants who enjoy living in your properties. Most Multi Family Homes are made up of micro sized apartments which are mostly suited to young professionals, students, singles & couples.
Multi-Family Homes, also referred to as ‘Pre’63’ property is a reference to property that was laid out in flats before 1963 when the first planning legislation was passed. ThePre-63 property market is now more regulated and landlords are required to improve their housing standards especially in relation to Fire safety obligation of landlords.We believe that investor demand for the multifamily sector will be sustained and may even rise over the coming years. The conditions for investors are favourable, since population growth and urbanization will continue and economic trends will remain positive.
Multi Family Homes are in high demand and generate the best monthly rental income in Dublin city
Multifamily investment properties are largely regarded as one of the biggest growth opportunities for institutional capital in Europe
Districts 1, 4 & 7 in the Rent Pressure Zones which are home to all the big employers in the ‘Silicon Docks’ and the ‘International Financial Services Centre’ would be considered the hottest locations for Multi Family Home property investments in Dublin city centre.
Property management and Asset management in Ireland
are two very different professions
INVESTMENT RECENT TRANSACTIONS
Dublin 7 Portfolio
ACQUIRED
Property Type: Multi Family Home
Location: Phibsborough (D7)
Portfolio: 3 Buildings
No units: 38
Annual Rent: €490,000
Portfolio of 37 apartments and 1 retail unit in Dublin’s City Centre ‘Rent Pressure Zone’. Huge demand for micro-apartments from doctors and nurses in the adjacent private hospitals, tech professionals from Google & Facebook in the Silicon Docks and young finance executives in the International Financial Services Centre. Fully tenanted and already generating a strong rental income.
NCR Portfolio
ACQUIRED
Property Type: Multi Family Home
Location: Drumcondra (D9)
Portfolio: 1 Buildings
No units: 7
Annual Rent: €111,000
An elegantly bay-windowed property located in the much sought after and highly desirable location in the heart of Drumcondra. The Property is a fully renovated 2 story Multi-Family Home consisting of 7 residential apartments. The property maintains many of its original features with cleverly designed apartments throughout. The property was completely refurbished in 2018 and currently complies with all housing standards and fire regulations.
NCR 2 Portfolio
ACQUIRED
Property Type: Multi Family Home
Location: Phibsborough (D7)
Portfolio: 1 Building
No units: 6
Annual Rent: €130,000
There is a low supply and high demand for good quality rental properties in this area, the importance of location which makes this property especially attractive for tenants 384 North Circular Road is a fully renovated, multi-family home consisting of 5 residential apartments and 1 Retail unit. The property maintains many of its original style and character with cleverly designed apartments throughout. Due to its excellent proximity to Dublin city centre and there are Asset Management opportunities to significantly increase income and value in the short-term.
