Commercial property and 4 apartments. Central Germany. Small town. All units are leased. Seller financing available up to 30% of the property value.

№PEH 31

  • €690.000

Description

The property is located on a plot of approximately 875 m² and features a modern building with original architecture. Year of construction: 1993 Total usable area: 1,121.36 m² Commercial property area: 879.36 m², consisting of 8 tenants: private medical offices, a travel agency, and office spaces. Residential property area: 242 m², consisting of 4 apartments. The entire property is in good, well-maintained condition. 100% of the premises are leased. Total annual rent: €51,701. In 2018, the owner invested €146,000 in the property. The following work was completed: Complete roof replacement with new tiles and new communications (heating, electrical wiring, etc.) in the attic. Installation of new ventilation shafts in the attic ceiling. Replacement of all downpipes and gutters on the roofs. Replacement of heating pipes, circulation pump, and all connections to the central gas boiler. Demolition of the old pedestrian bridge (small bridge with a railing) and installation of a new metal bridge with a railing. Partial repair and sealing of the courtyard paving for improved drainage functionality. Original invoices are available for all completed work. The property is managed by a reliable property management company. The building is located in an excellent area in the central part of the city, where there is a constant high demand for rental properties. All tenants are interested in long-term rental agreements. Seller financing is available up to 30% of the property value. The loan amount is subject to direct negotiations between the buyer and seller after the buyer visits the property.

Другие объекты

    Submit a request