It is a hostel for refugees in Northern Nuremberg.
The total area of the three-storey building with attic is 4,700 m².
The plot of 3,350 m².
The property was built in 1957 and expanded in 1964, the building is currently renovated and has good overall condition.
All areas are leased out to four tenants.
Absolute income is 570,000 €.
The current yield of 6,7%.
The anchor tenant is Bavarian state.
The lease agreement is signed for 10 years.
The other three tenants are two medical offices and a barbershop.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 3,57%.
Location and nearby objects
The property is situated in northern part of Nuremberg.
There are shops, restaurants and public transport in walking distance.