Apartment building with commercial premises, Stuttgart, Germany

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Apartment building with commercial premises, Stuttgart, Germany

18,750,000 €
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Total area: 5,727 m² Yield: 3.0% Built in 1971
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Features
  • Operating Incomе: 556,469 €
  • Land area: 7,448 m²
  • Number of parking lots: 64
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.7%

Apartment building.

Description

Total area of the property is 5,727 m².

The living area is 4,849 m². The commercial area is 878 m².

The construction was built in 1971. 

The building consists of 64 apartments.

The purchase includes 64 parking spaces.

Financial performance

Absolute annual income is 556,469 €.

The current yield of 3.0%. 

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 5.0%.

Brokerage fee is 4.67%.

Location and nearby objects

The building is located in Stuttgart, in the federal state of Baden-Württemberg.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Stuttgart
+44 20 3608 1267
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