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.
