| Type | Block of flats |
|---|---|
| Living area approx. | 1675 m² |
| Bedrooms | 24 |
| Rooms | 48 |
|---|---|
| Bathrooms | 24 |
| Plot area | 10150 m² |
|---|
| Purchase price | 1.600.000 € |
|---|---|
| Price per m² | 955.22 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072630
We are pleased to present 3 apartment buildings for sale in Borsdorf near Leipzig. The properties date from 1905 and are situated on an extensive plot of approx. 10,150 m². The properties, comprising a total of 24 residential units, are almost fully let and thus offer attractive investment prospects.
A total of approx. 1,675 m² of living space is distributed across 24 apartments with sought-after sizes ranging from approx. 61 m² to approx. 71 m². Each property has 8 residential units with 2 entrances each. Based on the existing leases for 22 of the 24 units, the properties, including the 10 garages, generate annual rental income of €95,738 at an average rent of approx. €4.99 per m² of living space. Due to the current vacancy, income can be increased further in the short term. In addition, there is further potential for rent increases in the let units.
For investors, the ensemble offers particularly attractive prospects due to its size and low vacancy rate. Overall, the property combines a broadly diversified residential portfolio with a stable letting situation and additional development potential.
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