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The complex of apartment houses in Elmshorn with a 7.1% yield

5,480,000 €
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Total area: 5,134 m² Yield: 7.0%
  • Absolute return: 384,439 €
  • Land area: 2,703 m²
  • Built in 1954
  • Percentage of the rented area: 100%

This is a package of nine apartment houses in Elmshorn, Germany.

5,134 m² of residential and commercial space on 2703 m² area.

Description

The houses were built in 1954 and include residential and commercial areas.

There are 94 apartment in the complex with a total area of 4,725,53 m² and 6 commercial units. All the spaces are leased.

The properties are located near the Central station and the highway A 23. Public transport is in immediate vicinity of the area.

Yield

Absolute income is 389,438,64 €.

The current yield of 7.1%.

Average rental price is 6,32 €/m².

Broker's fee is 5.25%.

It is possible to sale houses individually. More information by request.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Elmshorn
+44 20 3608 1267
Free advice on real estate in Elmshorn
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