Huge Investment opportunity with cashflow - Commercial for Sale, Real Estate - Leipzig, Sachsen, Germany

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Huge Investment opportunity with cashflow
Date & Time Listed: 2010-06-02 18:50:36 (GMT)

Posted in Categories: Real Estate, Commercial for Sale
Posted From: Germany, Sachsen, Leipzig

Ad Details:

The package consists of 25 residential units, 2 commercial units and 7 underground parking places. Currently, one of the commercial spaces are rented to excellent tenants (medical-related) since 2003 and bring an excellent rent of 7.5 Eur per sqm. There are 10 residential units rented at an average of 5.8 Eur per sqm. These above average rents in the city provide an indication of the favourable location and quality of the
property.

Financial Information:
Price 990.000 Euro
Current Rental (annual) 56.868 Euro
Current Yield (%) 5.74%
Potential Yield (%) 11.37% (when tenanting complete)
Agent Fees 4% of purchase price + vat
Year of construction 1999
Total Living Area 1664 sqm
Price 594 Euro pm2
Price: 999,000.00 EUR

Keywords:

investment, real estate, appartments, stores, cashflow, high yield

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Posted in Categories: Real Estate, Commercial for Sale Posted From: Germany, Sachsen, Leipzig

Posted in Categories: Real Estate, Commercial for Sale
Posted From: Germany, Sachsen, Leipzig