It is a hostel for refugees for sale in the capital of Swabia, Bavaria.
The total area of the three-story building is 390 m².
The plot of 1,025 m².
The property was built in 1912 and renovated in 2015.
All areas are leased out to a single tenant.
The attic floor may be developed for an additional 60 m², additional 380 m² may be built on the landplot.
Absolute income is 135,000 €.
The current yield of 6,7%.
The tenant is Bavarian government.
The lease agreement is signed for 10 years until 2025.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 4,76%.
Location and nearby objects
The property is situated in Western Augsburg.
Shops, supermarkets, cafes and public transportation are within the walking distance.