Apartment building.
Description
The building includes 12 apartments and 3 basement units.
There is an underground parking for 12 cars and a bicycle storage in the territory of the property.
The building was built in 1996.
All apartments are rented.
Financial performance
The absolute annual income is 78,000 €.
The current yield of 4.5%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 3% + 19% VAT (in total 3.57%).
Location
The property is located in the federal state of Brandenburg, in a town with a population of more than 10 thousand people. The distance to the center of Berlin (Alexanderplatz) is about 30 km.
The building is located in a walking distance from bus stops, there is a park nearby.
