Apartment house with commercial space in Bochum

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Apartment house with commercial space in Bochum

5,000,000 €
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Total area: 2,411 m² Yield: 6.3% Built in 1960
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Features
  • Absolute return: 315,000 €
  • Land area: 1,283 m²
  • 4-floor building
  • Percentage of the rented area: 95%
  • Number of parking lots: 8
  • Most recent total renovation: 2010
  • Broker: 3.6%
  • Total rooms: 7

It is an apartment house with commercial space in the city of Bochum.

Description

The property was built in 1960. It consists of the front building and rear bulding with access to parking for eight cars.

The ground and first floor of the front building occupied by commercial and warehouse space.

Five apartments are located on the second and third floors of the front building, two apartments in the rear bulding.

There are three practice areas and two retail stores in the rear bulding.

The property was completely renovated in 2010 and is in good overall condition now.

Financial performance

Absolute income is 315,000 €.

The current yield of 6,3%.

Tenants

All areas except one apartment are leased. Reliable tenants.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Bochum elsewhere on our website.

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Anna Kurianovich
Anna Kurianovich
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