$2,890,810

Are you looking for a capital investment? Then you do not know this property yet. Directly in the center of Hövelhof near Paderborn, stands this solidly built apartment house from about 1976. 25 residential units are located on a living space of about 1,786.00 m², which are fully rented and regularly generate rental income. The 25 residential units also include 9 outdoor parking spaces and 16 underground parking spaces. The underground parking spaces have been retrofitted with modern wall boxes for electric cars in recent years. The apartment building is regularly maintained and serviced. In recent years, a new passenger elevator with an annual maintenance contract was installed to facilitate access to the apartments for older tenants. The sub-distribution of the apartments was also renewed. Currently, the apartment building is under the status of publicly subsidized housing, which generates regular and continuous rental income annually of about 92,000€ ~ about 3.4% p.a. yield. Please make sure that after the sale of this property, a 10 year commitment period is required for the continued operation of the publicly subsidized housing. After the commitment period, the rents can be adjusted to the local rent index level. Here you see an attractive opportunity for the next few years to receive regular and continuous rental income in a top location of Hövelhof. Please understand the offered purchase price as a basis for negotiation. If you are interested, please send us an inquiry.Note: At the time of advertising, the energy certificate was not yet available. It will be submitted until the viewing date and presented.

Amenities

• Property Type: Multi Family
• Home size: 19,225 ft² / 1,786.05 m²
• MLS: 23040007
• Web ID: DTQC2W
• Status: Available

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