Gordon 35 in Givatayim

Name: Gordon 35
Brand: Carasso Real Estate Company
SKU: 7495
Availability: InStock

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Project info

Object ID: 7495

Finished at	January 2022
Price, m²	From 9400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	41
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

282,000$

Net profit

5,906$

Payback period

34.8 years

Avg property value increase per year

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About the project

On Gordon Street 35 in Givatayim, a demolition and construction project is planned under TAMA 38. The project will demolish 14 housing units and build a new 41-unit building.

Developer

Carasso Real Estate Company Ltd. is an entrepreneurial company operating since 1933 in all major real estate areas in Israel, including resi…
Details about Carasso Real Estate Company