Investment property with potential: residential and commercial building in the center of Dierdorf/A3 Cologne-Frankfurt

Information

Selling Price & Extra Costs

About this dream investment property

Property Description

C O N S I D E R A T I O N OF CAPITAL INVESTMENT:
The location is one of the most important factors for real estate investments. With Dierdorf city and its good infrastructure (shopping facilities, public transport, highways, schools and kindergartens, doctors, leisure activities - see "Location" below), an important investment requirement is already well met.
The property is in impeccable structural condition. In recent years, important modernization and maintenance measures have been carried out, so no major refurbishments are expected in the next few years.
Due to the level of current rents, the rental structure is probably more interesting for "yield preservers" - gross yield 5.2%(!) - than for "yield hunters". Compared with local rental prices, we are here in the lower range due to moderate pricing policy, but we also have full occupancy. In addition, the predominantly small rental units have an advantage in terms of demand and re-letting. All rental agreements currently have good long-term potential.
Consider: Below-average rents can offer interesting development potential. And: The higher the return, the higher the risk!
Real estate is considered a relatively stable tangible asset and usually offers long-term value appreciation. Please discuss further important reasons for investment, such as protection against inflation and tax depreciation, with your tax advisor.

P R O P E R T Y D E S C R I P T I O N:
Modern low-maintenance commercial building in a good city-center location with 5 commercial units (office/practice), one apartment and 7 private parking spaces.
The property is in fully renovated condition, therefore without any backlog of renovations.
It is unencumbered. Building documents, proof of insurance and land register extracts are available on request if needed.
Additional free parking spaces are 1 minute away.
Fast internet up to 1,000 MBit/s is available from several providers.
Each tenant selects their own utility provider for gas for their floor heating in addition to electricity and internet/telephone.
All 6 gas condensing boilers were replaced in 2015.
During this period, all rental units were also completely renovated, walls and ceilings painted, and fitted with high-quality vinyl design flooring. The latest renovations, including some bathroom/WC renewals, took place in 2021.
All 5 commercial units as well as the apartment are rented and are in reliable tenancies, the contracts were concluded between 2000 and 2025. (Annual rental income currently: EUR 31,361.64.)

Location