Germany
Federal State of North Rhine-Westphalia
, Bielefeld
Apartment building in the city center
Apartment house in the heart of the large city of Bielefeld
(population more than 320 thousand people)
In the building: office space, 2 apartments, a practitioner's office, a retail store, storage facilities.
Currently, all premises except one office of 451m2 are leased.
Year of construction: 1950
Complete reconstruction: 1978
Building condition: good
Land area: 496m2
Usable area of the building: 2221m2
Distance: to the main station of the city - 700m, to the nearest airport - 60 km.
Rental income per year (currently):
280 863€ (6.7% per annum - gross, 5.1% per annum - net)
It is possible to obtain a loan in the amount of € 2,500,000 at 2% per annum.
Return on your capital provided you purchase an object
with the use of credit funds: 9.6% per annum
Price: 4,200,000€