| Type | Block of flats |
|---|---|
| Living area approx. | 2528 m² |
| Bedrooms | 64 |
| Rooms | 96 |
|---|---|
| Bathrooms | 29 |
| Plot area | 1000 m² |
|---|---|
| Usable floor area | 2528 m² |
| Purchase price | 3.350.000 € |
|---|---|
| Price per m² | 1,325.16 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072939
This residential complex comprising four apartment buildings in Remscheid offers investors an attractive opportunity to invest in an established residential portfolio with a total of 32 residential units. The well-maintained complex is located in a good, quiet and family-friendly residential area and stands out for its established character, generous total living area and versatile outdoor spaces. With approximately 2,528 m² of living space, 16 parking spaces and current annual net cold rent of approx. €208,321, the complex offers a solid scale that supports long-term, sustainable rental prospects.
The 32 residential units are spread across four separate apartment buildings, providing broad diversification of rental risk within the overall property. Only two units are currently vacant, while the remaining apartments are rented. This near-full occupancy provides a good basis for ongoing rental income while also allowing targeted optimization of the letting situation. A particular highlight is that each residential unit has its own balcony. This feature significantly enhances living quality and represents an important added benefit, especially for families and long-term tenants.
The complex was built in 1978 and is in well-maintained overall condition. Heating is provided by an oil-fired central heating system dating from 2006. For investors, this provides a clear technical baseline that can be taken into account in long-term investment planning. The existing building fabric and ongoing maintenance of the complex provide a solid basis for its continued operation.
The 16 parking spaces available directly at the complex offer additional convenience for residents. In a family-friendly residential area in particular, ample parking supports the apartments’ rental appeal. The generous total living area and well-maintained residential complex make the property an attractive investment for investors seeking a larger residential portfolio with manageable vacancy and long-term development potential.
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