Apartment package in a nursing house, North Rhine-Westphalia, Germany

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Apartment package in a nursing house, North Rhine-Westphalia, Germany

902,000 €
2,652 € /m²
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  • Total area
    340 m²
  • Yield
    4.2%
  • Built in 
    2000
Details
Financial performance
  • Annual income: 37,848 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.5%
  • Broker: 3.0% + VAT

5 apartments in a nursing house.

Description

The nursing house includes 64 single apartments, a double apartment, 20 superior comfort apartments, a kitchen, common living rooms and bathrooms.

There is a clothing store and an Italian ice cream parlor on the ground floor of the building.

The apartments range from 47 m² to 98 m².

The building was built in 2000.

Financial performance

Absolute annual income is 37,848 €.

The current yield of 4.2%.

Tenants

The tenant is an organization for the care of the elderly.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

The broker's fee of 3%.

Location

The building is located in one of the towns of North Rhine-Westphalia. The population of the town is more than 50 thousand people. A hotel, a pharmacy, restaurants and cafes, banks, a hairdresser, a hospital, shops and supermarkets are situated not far from the building. The airport is located in an hour's drive from the building.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in North Rhine-Westphalia.

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