1. Presentation of the residence
Student residence located in Grenoble.
Close to transport, shops and educational establishments.
Residence operated under the brand Studéa / Nexity Studéa. Highlighted services: on-site manager, video surveillance, laundry room, internet, study areas, two-wheeler storage.
A location consistent with asset value for a student rental market.
2. Operator and operating framework
Initial operation recorded in favour of Lamy Résidences, then Nexity Studéa. Original commercial lease provided for 9 years.
Rent paid quarterly in arrears.
4. Allocation of charges
6. Points arising from the 2025 general meeting
Accounts approved with:
125 726,02 € of net charges for routine operations,
14 873,33 € for works and exceptional operations*.
Forecast budget 2025/2026 approved at 138 280 €.
Points of vigilance highlighted: sliding shutters & other descriptions in the multi-year works plan.
* The replacement of the sliding shutters with roller shutters has been approved and is chargeable to the selling owner with their 85 / 10 000th share for a studio. Part of the ALUR fund requested
Property assessment :
Conclusion :
File consistent from an asset perspective through its central location, the nature of the product, and a use clearly suited to a managed student residence.
Take the PPTR into account within the overall operating budget of the investment, BUT ALUR fund established by the owners.