Residential building for sale - 9500 Wil SG

This well-maintained multi-family house is located in a preferred residential area of the city of Wil SG, in close proximity to the city center. The property is quiet yet central, surrounded by a family-friendly environment, with short distances to shopping facilities, schools, and public transport. The combination of an attractive micro-location, good building substance, and fully rented apartments makes this property an excellent opportunity for long-term oriented investors.

With a current net rental yield of CHF 118,000 per year and a current gross yield of 4.05%, the property convinces both through yield security and development perspectives.

The building, constructed in 1980, stands on a generous plot of 1429m² and comprises a total of seven apartments, distributed over three full floors and an attic floor. The floor plan structure is well thought out, functional, and timeless. On the 1st and 2nd floors, there is one 5.5-room apartment, one 4-room apartment, and one 3-room apartment each. The 5.5-room attic apartment is a highlight of the property.

The attic apartment was extensively renovated about 1.5 years ago. Among other things, the windows were renewed and the interiors modernized. Particularly impressive is the spacious, surrounding terrace which was also renovated, providing light to all living spaces and offering a wonderful view. The lift, which was installed in 2009, leads directly to the private terrace of this apartment, an exclusive comfort feature.

The remaining apartments are mostly still in their original structural condition, but have been continuously maintained and present themselves in a well-kept, functional state. The standard of development corresponds to the construction period, but targeted modernization measures reveal medium-term potential for value enhancement both for the individual rents and for the overall property.

The building is heated by a gas heating system (built in 2007), with heat distribution via radiators. On the ground floor, in addition to the technical and heating room, there is also a drying room and separate cellar compartments for each residential unit.

A total of eleven parking spaces are available for stationary traffic: seven garage boxes and four outdoor parking spaces. This offers an attractive parking offer for both tenants and any external users.

The city of Wil SG is considered an economically attractive residential and working location with excellent transport connections. The Wil train station offers quick connections to St. Gallen, Zurich, and Winterthur. Via the nearby A1 motorway, all important centers are also easily accessible by car. In addition to a very good infrastructure, the municipality also has a wide range of jobs, especially in the industrial and commercial sector. This contributes to a consistently high demand for living space.

In summary:

- Total 7 residential units
- Current net rental yield: CHF 118,000 p.a.
- Gross yield: 4.05%

1st floor:
- 1 × 5.5-room apartment
- 1 × 4-room apartment
- 1 × 3-room apartment

2nd floor:
- 1 × 5.5-room apartment
- 1 × 4-room apartment
- 1 × 3-room apartment

Attic floor (3rd floor):
- 1 × 5.5-room attic apartment with surrounding balcony (apartment renovated about 1.5 years ago)
- Lift access to the private terrace

Renovations:
- 2007 new gas heating
- 2009 passenger lift to the attic apartment
- 2023 all windows in the attic apartment replaced
- 2023 renovation of the terrace of the attic apartment

General:
- Ancillary rooms: technical room, heating room, drying room, and separate cellar compartments on the ground floor
- Parking: 7 garage boxes and 4 outdoor parking spaces