Lyon République
Mixed residential value-add · Lyon, Rhône-Alpes
Buy a tired 18-unit walk-up two blocks from Place de la République, re-plumb and restage the common parts, and release upgraded 2P/3P units at a durable rent premium.
Target IRR
18.7%
Equity multiple
2.3x
Cash on cash
1.8x
Raise progress
68%
2 850 000 € / 4 200 000 €
Acquisition
Acquisition lock
Close with clean title, debt term sheet, and works bid package.
3/3
Notaire package signed
Simon · Done
Bank term sheet locked
Simon · Done
Baseline rent roll validated
Ops · Done
Works
Works execution
Deliver common parts, wet rooms, and unit refresh without slipping lease-up.
1/4
Common parts bid awarded
PM · Done
Wet-room package on site
GC · Aug 18
Unit staging kit ordered
Ops · Aug 22
Tenant communication pack issued
Simon · Aug 12
Lease-up
Lease-up
Release upgraded stock against the underwritten rent curve.
0/3
Listing photography brief
Marketing · Sep 5
First 6 units live on portals
Leasing · Sep 20
Target occupancy 92%
Simon · Dec 2026