| Living area approx. | 1236 m² |
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| Plot area | 1452 m² |
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| Usable floor area | 46 m² |
| Purchase price | 1.450.000 € |
|---|---|
| Price per m² | 1,173.14 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072431
For sale is an attractive residential complex comprising four apartment buildings on a shared plot in Remscheid. The property comprises a total of 25 rented units, one of which is currently used commercially. With a total area of approx. 1,236 m² on a plot of around 1,452 m² and current annual net cold rent of €93,289, this property package offers an excellent basis for long-term-oriented investors.
The buildings, constructed in 1956, are in an overall well-maintained condition. Individual modernization measures would enable investors to further develop the existing portfolio in a targeted manner and unlock additional potential for value and rent increases. The buildings are heated by a central gas heating system installed in 2014.
Full occupancy ensures stable and reliable rental income, thereby providing a solid basis for sustainable returns. Several balconies enhance the quality of living and sustainably increase the attractiveness of the apartments. This has a positive impact on long-term lettability and the value stability of the property portfolio.
Remscheid is an established residential location within the Bergisches Land region, with continuous demand for affordable housing and good infrastructure. For investors, this portfolio offers the opportunity to acquire an extensive, sustainably rented residential portfolio in a sought-after rental location. The combination of stable cash flow, well-maintained condition, further development potential, and the size of the overall property makes this property package an attractive investment with a long-term outlook.
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