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Apartment house in Düsseldorf

1,600,000 €
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Total area: 840 m² Yield: 3.8% Built in 1973
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Features
  • Operating Incomе: 60,000 €
  • Land area: 3,000 m²
  • Occupancy: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.6%
  • Total apartments: 14

It is a multi-family apartment house investment.

Description

The building with total area of 840 m² was constructed in 1973.

The plot of 3,000 m².

The house accomodates 14 apartments, each provided with gas heating.

The property is in good overall condition and fully leased out.

Financial performance

Absolute income is 60,000 €.

The current yield of 3,8%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3,57%.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services