Germany
Hesse
Wildungen
Commercial facility in the city center
Commercial building in the heart of the spa town of Bad Wildungen, very famous for its thermal springs, clinics, spas.
The population of the city is 20 thousand people, nearby cities are located: Kassel, Marburg, Korbach.
Land area: 1,328 m2
Year of construction: 1982-1999
Completed repairs:
1992 - restoration of the facade, 1999 - superstructure of an additional floor.
Building condition: excellent
Heating type: gas
Number of parking spaces: 14
Building area: 1,612 m2, 3 floors.
All premises are fully leased for a long term with options for extending lease agreements. The tenants are very solid: Deutsche Bank, the central office of the regional newspaper, a bookstore, doctors.
Rental income per year: 204,446.76€
It is possible to obtain a loan in the amount of 1,600,000 € at 2.8% per annum.
Under the condition of a loan, the return on your capital will be 9% per year.
Price: 2,657,807€