Residential and commercial building with 20 apartments and one commercial unit - fully rented!

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Selling Price & Extra Costs

About this dream house

Property Description

Dien Tohuus Immobilien offers: Fully rented apartment house with commercial unit and parking spaces for sale! The property has 20 residential units with apartment sizes between approx. 35 and approx. 57 m². 1 apartment is about 90 m². It was merged from two apartments and therefore also has 2 balconies. The commercial area is currently rented as a storage area. The rents of the apartments have not been increased for several years. With change of tenants approx. 20% rent increases could be obtained. For existing tenants, increases of up to 10% would be possible. In addition, the approx. 40 parking spaces are unrented. Letting, e.g. to tenants of the apartment building opposite, which is currently under construction, seems to be a feasible alternative. The annual net cold rent is in the ACTUAL at approx. 72,546.00 € and thus with a you can count on a purchase price factor of just under 17.85 and a rental yield of approx. 5.60%. With a total rent increase and a lease of approx. 25 parking spaces, a net cold rent of up to 85,000.00 € should be possible. This would mean a factor of just under 15.23 and a rental yield of approx. 6.6%.

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