10 fully rented underground parking spaces with development potential - your compact investment

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Selling Price & Extra Costs

About this dream special purpose property

Property Description

Ten rented underground parking spaces as a compact investment package
Ten underground parking spaces in an established residential area of Bad Kreuznach are offered for sale and can be acquired together as a complete package. All parking spaces are already rented out, thus providing regular income from the very first day without initially having to look for individual tenants.
Nine parking spaces are currently rented for €45.00 per month each. The monthly rent for one additional parking space is €40.00. This currently results in total monthly income of €445.00, or annual rental income of €5,340.00.
Current listings in Bad Kreuznach show predominantly rental prices of approximately €50 to €72 per month for underground parking spaces. For a tandem parking space, prices of up to €78 are sometimes requested. The rent can therefore still be adjusted after acquisition.

This offer provides investors in particular with a manageable and comparatively straightforward opportunity to invest in rented parking spaces. Bundling ten units distributes the risk of rental loss among several users while also creating potential for future adjustment of the income.

Depending on the exact location, access and size of the parking spaces, a monthly rent of approximately €60 to €70 per parking space therefore appears realistic in the future. The current rents of €40.00 and €45.00 per parking space are below this market level.

If rented out in the future at an average of €65 per parking space, the annual rent could therefore theoretically increase by €2,460 to a total of €7,800.

This investment package combines ongoing rental income with identifiable development potential, making it an interesting opportunity for investors seeking a manageable and easily calculable investment.

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