The portfolio of ten houses located in Steinfurt-Borghorst, North Rhine-Westphalia.
More than 6,200 m² of residential space on 10,900 m² area.
Houses belonging to the condominium were built at different times, the oldest in 1965, the newest in 1992.
There are 111 apartments in the complex with total area of 6,211,56 m², which are fully leased.
Buildings are regularly overhauled and are in excellent condition. Apartments are heated with natural gas.
Absolute income is 423,309 €.
The current yield of 7.5%.
The houses are located in one the most economically developed regions in Germany with one of the lowest unemployment rates. Public transport is in immediate vicinity to the objects.