Investment opportunity in Münster-Hiltrup: 14 apartments, two buildings, one portfolio

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Selling Price & Extra Costs

About this dream investment property

Property Description

For sale is a well-maintained residential complex built in 1960 that has already been extensively modernized. It consists of two directly connected apartment buildings in a sought-after residential location in Münster-Hiltrup. The property comprises a total of 14 residential units and offers investors a solid income base with additional development potential.

The left building has eight residential units, all designed as three-room apartments. The right building contains six residential units with attractive three- and four-room apartments. All apartments have balconies, providing tenants with additional living comfort.

The current annual net cold rent is €123,093, including income from the parking spaces, and underscores the property's sustainable earning power. Particularly noteworthy are the property's very good technical condition and well-maintained appearance. In 2016, the attic floors were converted, while extensive modernization measures were carried out on the building envelope. This included, among other things, renovating the façade and replacing the windows and balconies.

The residential units have also been continuously invested in: Over the past six years, six residential units have already been extensively modernized. The most recent renovation was completed just one year ago.

Another advantage for investors is the division into condominium ownership that has already been completed. This creates attractive strategic opportunities for the property's future development and realization in addition to long-term management of the existing portfolio.

This residential complex combines a sought-after micro-location, a well-maintained overall condition, and stable rental income to create a compelling investment opportunity in southern Münster.

We look forward to hearing from you if you are interested.

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