Commercial property in Oberhausen, Germany, 2 037 m²

Full Property Portfolio Description

Portfolio Overview

• Total Market Value: €2,614,953

• Required Investor Equity: €1,257,421

• Acquisition Method: Purchase via GmbH company takeover (existing bank loan transferable).

Property 1: MFH 46117 Oberhausen

• Year Built: 1965 (reinforced concrete floors) | Renovated: 2019–2023

• Total Area: 1,139 m²

  • Residential Area: 794 m²

  • Commercial Space: 345 m²

• Units: 11 apartments

• Occupancy: 1 unit currently vacant (recently vacated).

• Income:

  • Current Annual Rental Income: €87,528.00

  • Projected Full Occupancy Income: €89,461.72 (7.19% yield)

Property 2: MFH 44866 Bochum

• Location: Prime area adjacent to a lush park, offering apartments with private balconies/terraces and serene park views.

• Proximity: Two supermarkets within walking distance.

• Year Built: 1910 (high ceilings, well-maintained)

• Total Area: 897.53 m²

• Units: 8 apartments + 4 parking spaces

• Occupancy: Fully rented, but rent upside potential (below-market rates for long-term tenants).

• Income:

  • Current Annual Rental Income: €70,625 (5.14% yield)

  • Projected Optimized Income: €81,150 (5.91% yield)

Portfolio Financial Summary

• Total Current Income: €158,153 (12.57% yield)

• Total Projected Income: €170,611 (13.56% yield)

• Total Purchased Area: 2,037 m²

Investment Rationale

1. Turnkey Assets: Both properties are renovated and tenant-ready, with Oberhausen’s modern upgrades (2019–2023) and Bochum’s historic charm.

2. Location Advantages:

   • Oberhausen: Proximity to urban amenities.

   • Bochum: Parkfront setting and high tenant appeal.

3. Scalable Returns: Immediate rent increases achievable in Bochum; vacancy fill in Oberhausen.

4. Low Entry Barrier: Leverage existing loans to minimize equity requirement (€1.26M for €2.61M portfolio).