$161,577

VON POLL COMMERCIAL presents you this investment package with 10 rented underground parking spaces in Pulheim.They are sold as part ownership. In total, the underground car park has 67 units.Above the underground car park there is a residential complex consisting of 85 residential units, which is also in a very well-kept condition. Each residential building has its own access to the underground garage.All parking spaces are rented, 65% to the owners or tenants of the residential complex and 35% to external parties living in the immediate neighborhood.Because the demand and need for parking in the neighborhood is so high, there is even a waiting list.The rental income currently amounts to €55.00 per parking space per month. Due to the high demand and the fact that other parking spaces are already rented for more than € 70.00, there is still further rental potential here.The monthly housing allowance is € 17.32.There is no need for repair or renovation. The underground garage is dry and is looked after by a janitor. The electric roller door with key switch inside and outside was replaced about three years ago and is therefore in mint condition. About four months ago, the fire dampers were renewed for 25,000 €.The entire residential complex and thus also the underground car park was built in 1974.Of the total of 67 parking spaces, only 62 belong to the owners' association, each with a 1/2 vote at owners' meetings. The management contract can be terminated annually.It might also be possible to form a separate owners' association from the underground car park, as the legal framework conditions for this are given.

Amenities

• Property Type: Single Family
• MLS: 2241019.2A1
• Web ID: U4ZYRV
• Status: Available

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