Rare investment opportunity with substance, cash flow and development potential

Key facts

Purchase price & costs

About this house

In the heart of the sought-after old town of Remscheid-Lennep, this exceptional property ensemble is for sale. The portfolio comprises three economically independent but functionally interconnected parts:

- Residential and commercial building – Kölner Straße 32
- Commercial unit – Wallstraße 34
- Parking area – Krasspütt

At present, the ensemble generates an actual annual net cold rent of 44.463 €.
The target potential is – with full occupancy and implementation of the agreed stepped rent – approx. 92.800 € p.a.

This makes the property suitable both for long-term portfolio holders and for investors who want to realize value appreciation through active management.

The property ensemble has a total of approx. 1,241 m² of leasable space divided into:
approx. 192 m² of residential space
approx. 1,049 m² of commercial space
as well as parking spaces and attic and basement space


Investment conclusion – Why this ensemble?

✔ Attractive ratio of actual rent to target potential
Doubling of the annual net cold rent possible with full occupancy.

✔ Exposed inner-city location with sustainable demand
Remscheid-Lennep is one of the most sought-after micro-locations in the city.

✔ Diversified usage concept
Living, commerce, retail, culture – low concentration risks.

✔ High third-party usability of the spaces
Flexible layouts, high ceilings, historic architecture.

✔ Future opportunities through parking area and possible infill development
✔ Solid tenant structure & long-standing commercial tenants

This ensemble is a rare opportunity for experienced capital investors who value substance, cash flow security and genuine development potential – and who also want to acquire a piece of old-town architecture in a prime location.

Location