It is a hostel for refugees consistig of two buildings in the capital of Swabia, Bavaria.
The total area is 1,440 m².
The plot of 5,680 m².
The property has been renovated in 2016.
There is a parking for 42 cars.
All areas are leased out to a single tenant.
Absolute income is 216,000 €.
The current yield of 6,6%.
The tenant is Bavarian government.
The lease agreement is signed for 5 years until 2021 with extension option for 5 years.
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 Southern Augsburg.
Shops, supermarkets and fast food restaurants are within the walking distance.