5% yield in extensively renovated and well-maintained high-rise building

Well-let 2-room apartment with fitted kitchen and renovated bathroom. A parking space in the parking garage and the balcony round off the offer.

The apartment is occupied by a reliable tenant, as of this year the basic rent is € 672, the house rent is € 413, of which the tenant pays € 210 (apportionable).

Total price incl. parking space:

151.280,- + 10.000,- = 161.280,-

This gives you a whopping 5% return.

No broker's commission!

The bathroom was completely renovated a few years ago and the chic fitted kitchen is also part of the apartment. The well-kept high-rise building has been extensively renovated in the past 7 years, so that no further large cost blocks are to be expected here in the short term:

Renewal of roof ventilation system
Pipework renovation (risers and downpipes)
Façade renovation (not energy-related)
Renewal of fire department access road
Renewal of emergency power generator (to be implemented in 2023)
Renovation of parking garage
(not energy-related, to be completed in 2023)

Access to the apartment is step-free via a low-barrier entrance.

-Bright and friendly rooms: The apartments are functional and generously proportioned. They offer plenty of natural light thanks to large windows

-Underground parking space: One parking space in the parking garage is included in the purchase price

-Central location: The location is both quiet and conveniently located, with good connections to the A66, A648 and A5 highways, allowing quick connections to the entire Rhine-Main area.

-Shopping facilities: Stores for daily needs such as LIDL and REWE are within walking distance.

-Transport links: There is a bus stop just a few meters from the property and the nearest train station is approx. 2 km away.

Infrastructure (within a radius of 5 km):
Pharmacy, discount grocery store, public transportation