138 Block of flats tenement, in the town of Halberstadt.The houses were built in the years 1930/1940/1941. Floors 2 to 4 floors. Some of the houses have an attic with two-level apartment. Modernization was carried out in 1998-2001, constantly is updated and made running repairs. Condition is very good apartments (each apartment has a balcony, bathroom with shower and bath, flooring: laminate and carpet). 138 residential units. Living area - 8 410.53 sq.m. 101 parking + 9 - garages. In the courtyard full of greenery, in some - the gardens.Halberstadt - a city in Germany, Saxony-Anhalt. Included in the district of Halberstadt. The population is 42 605 people (as at 31 December 2010). The city is divided into 5 urban areas.The apartments are located in the southern part Halberstedt and are approximately 1.5 kilometers from the shopping street "Fischmarkt" and 2 kilometers from the "Domplatz". Shopping facilities, schools and public transportation only a short walk away. Package offer. Cost of the project - 6.5 million euros. Yield of euros per year, with 100% leasing of apartments - 520 974 euros per year. Profitability - 6,8% per annum, at 100% lease - 7.9%. Most parking spaces are included in the lease agreements. Currently not leased about 13% of the apartments. Additional information is available upon request. The documents are ready to deal.
Asking Price Between $5,000,000 and $7,500,000
Sales Between $5,000,000 and $10,000,000
Profit Available On Request
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