Commercial apartment building in Krefeld, Germany, 860 m²

Germany. Krefeld. Apartment building with commercial space.
Key investment property characteristics
Type: Mixed-use residential and commercial building
Year of construction: 1960
Commercial area: 190 m²
Living area: approx. 670.88 m²
Total area: approx. 860.88 m²
Current annual rent: €108,061 (fully leased)
Target annual rent: €117,527.88 (rent increase possible)
Yield / Yield: 7.5% / 13 times the current annual gross rent
Purchase price: €1,450,000 plus 5.95% commission (including VAT)
The property is located in the center of Krefeld.
Due to its location, full occupancy is guaranteed at all times.
There is also potential for value appreciation through rental income.
The lease agreement with a commercial tenant has been in effect since 2003.
The property has been owned since 1998.
Additional Description
Type: Investment
Return on Equity (Residential/Commercial): 78% / 22%
Sale Type: Asset Transaction
Total Area: Approx. 1,500 EUR/m²
Rent per m²: Approx. 7.5 EUR
Plot Area: 393.00 m²
Division: 1 commercial space
9 apartments
The buyer (private or commercial) submits a binding purchase offer to Immobilien GmbH, which is discussed and agreed upon with the owner.
The purchase and sale transaction can be completed immediately.
The commission is paid after notarization.
Property-specific documents can be provided confidentially upon receipt of a written statement of interest (LOI).
Available documents:
 Rent schedule
 Lease agreements
 Site plan
 Area plans/calculations
 Floor plans
 Additional photos
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We have a selection of apartments and houses for various budgets, including commercial properties.