It is a nursing home investment just 40 km from Munich, near the regional motorway.
The property was constructed in 1978.
The nursing home accomodates 60 rooms.
There are repair works under way at the moment, there is a possibility of redevelopment in the future.
All areas are leased out to managing company.
Absolute income is 475,000 €.
The current yield of 5%.
Tenant is a major management operator.
The lease agreement is signed until 2036 with extension options 2x5 years.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 7,14%.