Description

Package Offer with the Option to Purchase Each Property Separately For sale: Income-generating real estate in a large city in the western part of Germany. This includes ten buildings with a total residential area of 7,655 m² plus a plot of land for development measuring 3,000 m². The buildings were constructed between 1938 and 2015. The income-generating real estate can be sold as a single package or as any combination of buildings from one to ten. Package Offer: Total residential area: 7,655 m² Total annual rent: €548,000 net Total price: €6,508,000 Building 1 with a plot of land measuring 3,000 m² for development. Year of construction: 1978 Major renovation: 2008 Total residential area: 1,811 m² Annual rent: €66,021 net Price: €1,100,000 Building 2: Year of construction: 1955 Major renovation: 2008 Total residential area: 280 m² Annual rent: €20,000 net Price: €248,000 Building 3: Year of construction: 1950 Major renovation: 2009 Total residential area: 180 m² Annual rent: €10,800 net Price: €220,000 Building 4: Year of construction: 1978 Major renovation: 2010 Total residential area: 683 m² Annual rent: €31,200 net Price: €385,000 Building 5: Year of construction: 1910 Major renovation: 2010 Total residential area: 411 m² Annual rent: €31,524 net Price: €420,000 Building 6: Year of construction: 1968 Major renovation: 2014 Total residential area: 845 m² Annual rent: €44,124 net Price: €625,000 Building 7: Year of construction: 1938 Major renovation: 2010 Total residential area: 1,695 m² Annual rent: €95,851 net Price: €1,380,000 Building 8: Year of construction: 1968 Major renovation: 2014 Total residential area: 963 m² Annual rent: €64,483 net Price: €1,100,000 Building 9: Year of construction: 1968 Major renovation: 2014 Total residential area: 532 m² Annual rent: €37,568 net Price: €565,000 Building 10 - Private House, Owner-Occupied: Year of construction: 1982 Major renovation: 2015 Total residential area: 255 m² Price: €465,000