| Selling Price | 424.900 € |
|---|---|
| Courtage | 2,975% |
A residential and commercial building in Lengenfeld/Vogtland is for sale. The conveniently located property has an area of 801.5 m², of which 320 m² is divided between 2 commercial units and 481.5 m² between 8 apartments. The brick building was constructed in 1910 and has undergone several modernizations/renovations since then. A general renovation was carried out in 1995, including heating, string renovation and windows (plastic double-glazed). The roof was re-roofed in 1990. The apartments in their current state were created or renovated in 2001/2002. In 2009, the courtyard and parking areas were completely asphalted for a uniform appearance. The commercial unit on the first floor on the right was brought up to date and renovated in 2013. At the beginning of this year (2024), the unit on the ground floor on the left was brought up to the desired condition for a new tenant. The upper 2 meters of the chimney were rebuilt in 2018 and the upper membrane of the roof was renewed with welded sheeting in 2019. Most recently, the house was drained on the parking lot side in 2020 with a new drainage system and the entire staircase and entrance area were renovated in 2022.
The target rents are realistically calculated and based on the valid KDU table.
The property is currently fully let. Management is carried out by the owner himself. The property does not have a basement.
Actual rent p.a: 40.621,80€
ACTUAL CP factor: 10.46
ACTUAL yield: 9.56
TARGET rent p.a.: 42.541,68€
TARGET CP factor: 9.99
TARGET yield: 10.01%
A list of tenants, photos of the apartments and further documents are available on request.