Residential complex with commercial premises in the center of the town.
Description
The property includes 29 apartments.
The living space is 2,363 m².
The commercial space is 10,000 m².
The residential complex was built in 1978 and renovated in 2016.
There is parking for 203 cars.
There are two buildings in the territory of the property. The tenants for them have already been found.
7,400 m² of space are available for rent.
The absolute annual income is 273,220 €.
Current yield is 7,8%.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
The brokerage fee is 6% + 19% VAT (in total 7,14%).
The complex is located in one of towns of the federal state of North Rhine-Westphalia with a population of about 20 thousand people.
The property is located in the town center in the pedestrian zone.
Distance to major cities:
- Cologne — 65 km
- Düsseldorf Hotels — 63 km
