A residential building with student apartments.
Description
Total area of the building is 5,034 m²
The student dormitory consists of 144 apartments.
The building was built in 1977.
The purchase price of the property includes a parking for 69 cars.
Financial performance
Absolute annual income is 1,000,000 €.
The current yield of 4.5%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 5.95%.
Location
The student dormitory is located in the western part of Berlin, in the borough of Charlottenburg-Wilmersdorf.
