Rental Yield: 8%
SOLD: See Case Study
Ref: RPISeelze
50 fully rented Buy-to-Let apartments, next to Hanover. High occupancy rate track record and fixed rent increase.
The apartment block is located in Seelze district, about 600 meters from the town hall in a residential area and very well linked with train and bus lines. The entire property is fully rented with long term tenants. The building is in excellent condition and in no need for immediate refurbishment. Each apartment has a modern layout including a balcony or terrace. The property, the parking plot and the apartments are in a well-kept condition. The S-Bahn station is also within walking distance in about 600m..
INVESTMENT FEATURES
• Fully Managed Rental Pool program
• Ensures you receive rental income regardless if your apartment is vacant
• Full ownership of the property
• Pooled monthly rental income with other owners
• Pooled monthly running costs & expenses
• Bi annual rental income distribution to owners
• Lower administration costs
• Property, Tenants, Maintenance & Rental Pool Program all fully managed for investors in Germany
• Lower risk ‘hands off’ investment solution
With the prices starting of €1,400/sqm it was sold very quickly to private German investors through our agency network of over 4000 financial advisors. With a rental pool management program included, this made RPI Seelze an exceptional hands off investment with the lowest possible risk. All the apartments, tenants, utilities, rent collection and maintenance tasks is fully managed by Investix.
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