3 apartments in a nursing house.
Description
The nursing house includes 80 one-bed apartments with a bathroom, a fully equipped kitchen, a furnished dining room, lounge areas and a living room with a fireplace.
The apartments range from 48.41 m² to 53.55 m².
The building was built in 2017.
Financial performance
Absolute annual income is 22,003 €.
The current yield of 4.8%.
Tenants
The tenant is an organization for the care of the elderly.
The lease agreement is valid through 2037 and includes extension options for 1х5 years and 1х4,5 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The brokerage fee is 3.57%.
Location and nearby infrastructure
The building is located in one of the towns of North Rhine-Westphalia. The population of the town is more than 40 thousand people. Supermarkets, cafes and a park are situated not far from the building.
