Note: Yield: 5.2%

Description

Two multi-family houses (13 apartments) and 2 commercial buildings (5 units) in a city in the western part of Germany. Property area: 4,704 m² Commercial area: 1,050 m² Residential area: 1,332 m² Price: €3,800,000 Annual income: €202,000 Yield: 5.2% Currently, there are 2 active commercial contracts. Tenant A has a valid 5-year contract, and Tenant B is the owner. In case of sale, Tenant B is willing to offer the buyer a 5 + 5-year contract. Another option is to expand the space used by Tenant A. The 13 residential units are under standard indefinite contracts, as is common in Germany. Photos are not available for publication.