Package of 3 apartment buildings in Germany

€1 052 160
ID 55322 Uploaded 10.07.2024
Key features
Rental house Completion in 1955
1 633 sq.m / 644 €/sq.m
Details
Negotiable Rental services Management company services
Property description

A package of 3 apartment buildings is for sale.

Two houses in the city of Oberhausen (green and blue houses in the photo) and one house in the city of Marl.
Oberhausen:
- the right house (blue) was built in 1911
- the left house (green) was built in 1955, has reinforced concrete floors.
Complete renovation of the left house (in 2016),
3 complete renovations of the right house (in 2023),
facades renovated (in 2021),
heating central, district
Total area of objects 1046 m2:
Com. area 345 m2

Living area 701 m2 - 11 apartments
Building 5 floors
“The two adjacent buildings offer a mix of commercial and residential uses, capturing the essence of a diverse urban lifestyle.
The strategic location in the old city center, next to the pedestrian shopping center and the municipal employment center, ensures high pedestrian traffic and convenience.
With the support of a municipality committed to development, significant investment is aimed at improving and promoting the area, highlighting its potential and value."
House loan issued at 2.75%, until the end of 2027
Two houses in Oberhausen are rented out and generate income per year: 95,994 euros
Possible annual income: 99,042 euros (rent has not been raised for a long time).
House in the city of Marl:
house area 587 m2
10 apartments
the house was built in 1966
apartment renovation in 2018-2023
gas central heating
The rear yard features 15 garages available for rental to both building residents and neighboring residents, adding convenience and value.
It is home to long-time tenants and a German company that provides housing for its employees, creating a diverse and stable community.
The home loan was issued at 2.65% until May 30, 2028
Annual income from the house: 65,292 €
It is possible to increase income to 69,288 € by adjusting rental rates.
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Total, all 3 houses actually bring in a year: 161.290.56 € (~ 15.32%)
Possible income (if rental rates are adjusted): 1,68,084 (~ 15.97%)
Commission for the buyer + 5.96% of the cost of the package of apartment buildings.
Details on request after submission of LOI .

Agency: DEM GROUP GmbH
Maxim Bauer
Agent at DEM GROUP GmbH
Speaks English, German
Contact Seller