OMP-OO-2647   Exposé on request

Target multiplier 10: Sub-divided residential complex with 95 units and 15% vacancy in Plauen (99% WEG)

zinshaus_renditeobjekt
Plauen
62Warm
Volume
€ 3,9 Mio. €
Multiplier
13,4xx
Gross yield
7.4 %
Area
5463.00 m² m²

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Property description (excerpt)

Six-storey, energy-refurbished residential complex of prefabricated panel construction with 95 units, solid building fabric and district/long-distance heating supply (energy efficiency class C). The property is sub-divided under WEG (German condominium law); the acquisition comprises 985.7 of 1,000 co-ownership shares (98.6%) and thus an almost complete majority within the owners' association. …

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