The apartment building with commercial premises in the suburbs of Frankfurt.
Description
Two-storey building with a total area of 1,046 m²:
- 3 commercial spaces with a total area of 845 m²
- 2 apartments with terraces with a total area of 201 m²
The price includes 23 parking spaces in the underground garage.
The annual income is 117,000 €.
The yield is 6.2%.
The building is fully leased. Commercial tenants:
- bank
- supermarket (has been in the building for over 30 years)
- clothing store
All apartments are rented out.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
The facility is located in the suburbs of Frankfurt am Main, in a city of about 30,000 inhabitants. Distance to Wiesbaden is 10 km, to Frankfurt — 35 km, to the Frankfurt city center — about 50 km.
Frankfurt am Main is the largest city in the land of Hessen and the 5th largest city in Germany. Its population is more than 730,000 people. Frankfurt is the center of commerce, culture, education, tourism and a transport hub. Frankfurt is the 2nd city in Germany and the 48th in the world in terms of the cost of living (Mercer Human Resource Consulting).
There are about 43,000 companies in Frankfurt. The city is the site of many global and European corporations: Nestlé Deutschland, LinkedIn, Kern AG, Lufthansa Consulting. Messe Frankfurt — the 3rd largest international exhibition center in the world, has more than 800-year history. Annually Messe Frankfurt holds more than 100 exhibitions around the world.
Frankfurt International Airport is among the 10 largest in the world, its passenger traffic is more than 54 million people a year.
There are the world's largest educational institutions in Frankfurt, including the world-famous Goethe University with more than 44,000 students.
