Germany
Berlin
Office building with rental income
Office building in the Prenzlauer Berg district.
Year of construction: 1964
Major repairs and complete rehabilitation: 1995
Condition: Good
Land area: 4932m2
Usable area of the building: 8088,6m2
The number of parking spaces is 82, 67 places are rented.
8-storey building with office space, stairs and 2 elevators.
The premises are planned in such a way that they can be rented out separately and in whole floors. Central heating, water heating - water heater.
The floor is linoleum or carpet. On each floor there are 2 bathrooms, on the ground floor there are also 2 bathrooms for people with disabilities.
The building is very well located next door to large companies
(Bosch, Sparda Bank, etc.), a large shopping center, and a 15-minute drive from the main station of the capital.
Next to the office building are: the police, the tax inspectorate, the district administration.
Rental income at present with incomplete loading: € 637,000 per year
Maximum possible rental income per year: 680,000€
Price: 8 650 000€
The object can be purchased if you have 2,650,000€ of your own funds.
A loan of € 6,000,000 is possible at 2.5% per annum.
Return on equity, subject to lending, will be 12% per annum
