Price On Application

Ref: PF2A4

Apartment complex of 24 fully rented units with balconies and parking spaces

The apartment complex is in the middle of a popular residential area and on high demand by local tenants. The three buildings in are in great condition and have been well maintained over the years. The heating system has been fully renewed a few years ago.  Tenants has access to various restaurants, shops, gas station and supermarkets within a short walking distance making it desirable place to live.

Units:                                  24 apartments
Target rent:                  €103,939 
Rentable Sqm:               1,601 sqm
Mortgage included:     Opt

Building has low maintenance costs, high occupancy rate and rent is generating constant cash surplus on an annual basis. That assures this property is predicted for stable growth in the investment value for the next years. There’s opportunity to steadily grow rental income further.

KEY REASONS TO INVEST 

  • RENT: Fully rented.
  • FULLY MANAGED: German based Property & Investment Management

LOCATION: 

The city of Detmold is located in the West part of Germany, close to the industrial area Ruhrgebiet. With its 73,000 inhabitants it is the largest city in the county Lippe. The academy of music and the University of Ostwestfahlen-Lippe are located in Detmold and are important local employer together with several producers and financial service providers.

REQUEST MORE INFORMATION EMAIL: info@investix.de OR CALL: +49 (30) 499 05 0950 OR FILL IN THE FORM BELOW

SOLUTION: PropHaus

Find out more about this property

Ref: PF2A4

Ref: PF2A4

Interested to invest in a similar property using German Bank Finance?
Let the Experts help!

Linda MadisoneMarketing Manager

Helping investors from all over the globe to Source, Structure, & Manage their real estate investment portfolios in Germany.


Multi-Family Homes

Price On Application

Multi-Family Homes

Price On Application

Expert Blogs - Latest Posts

17th September 2020

Richtfest celebration in Dresden – Maxim Apartments

“Tradition is not the worship of ashes, but the preservation of fire.”...

25th May 2020

Investment during COVID. Can you invest in German property online?

Is it possible to invest in German property online?...

31st March 2020

Investix update on Covid-19

Dear investors, shareholders and partners of Investix Germany,...

Back To Top