1 052 160 €
1 052 160 €
Sale price | 1 052 160 € |
Price per square meter | 644 € |
Floor area | 1 633 m² |
Address | Germany, Oberhausen |
Property Portfolio: 2 Buildings in Oberhausen + 1 Building in Marl
Total Market Value: €2,017,008
Required Equity: €1,052,000 (existing loans to be assumed)
Oberhausen Properties
Blue Building (Right) | Green Building (Left) |
---|---|
Year Built: 1911 | Year Built: 1955 |
Renovations: Full refurbishment (2023) | Renovations: Full renovation (2016) |
Features: Reinforced concrete floors | Features: Façade upgrades (2021) |
Heating: District heating (Fernwärme) |
Combined Specifications:
Total Area: 1,046 m²
Commercial: 345 m²
Residential: 701 m² (11 apartments)
5-story buildings
Prime location in Old Town: Adjacent to pedestrian shopping zone and municipal employment center
Municipal-backed district revitalization program ongoing
Financials:
Current Annual Rent: €95,994
Potential Rent: €99,042 (rent increase opportunity)
Financing: 2.75% fixed-rate loan until 12/2027
Marl Property
Year Built: 1966
Renovations: Apartment upgrades (2018-2023)
Heating: Central gas system
Total Area: 587 m² (10 apartments)
Additional Asset: 15 rentable garages (available to tenants & neighboring residents)
Tenant Profile: Long-term residents + corporate housing provider
Financials:
Current Annual Rent: €65,292
Potential Rent: €69,288
Financing: 2.65% fixed-rate loan until 30.05.2028
Portfolio Performance
Metric | Current | Potential |
---|---|---|
Total Annual Rent | €161,290.56 | €168,084.00 |
Gross Yield | 15.32% | 15.97% |