Apartment building with a commercial premises on the ground floor.
The house consists of 8 apartments and a commercial unit on the ground floor.
The residential area is 644 m².
The commercial area is 175 m².
The building was built in 1970.
Absolute annual income is 180,000 €.
The current yield of 8.1%.
The apartments are rented by a company that provides car and real estate rental services. The lease agreement is valid through 21.03.2027 and includes the extension options for 2х5 years.
The tenant of a commercial premises is a pizzeria. The lease agreement is valid through 15.11.2019 and includes the extension options for 1x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The brokerage fee is 7.14%.
The property is located in the center of Aachen.