Three-storey apartment building.
Description
Total area of the property is 1,794 m².
The construction was built in 1991.
The property consists of 24 apartments. 3-room apartments have balconies, penthouses have rofftop terraces.
The purchase of the property includes 27 parking spaces.
There is a lift in the building.
Financial performance
Absolute annual income is 140,964 €
The current yield of 5.2%.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 5,0%.
Brokerage fee is 5.95%.
Location
The building is located in a city with a population over 90,000 people, in the South-East of Germany.
