OMP-OO-2649   Exposé on request

Minimum bid target multiplier 6.8: Apartment building with 64 units with significant vacancy in Recklinghausen

zinshaus_renditeobjekt
Recklinghausen
50Warm
Volume
€ 2,7 Mio. €
Multiplier
21,7xx
Gross yield
4.6 %
Area
4544.00 m² m²
Year of construction
1953

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Property description (excerpt)

This value-add investment, designed as an apartment building in Recklinghausen, offers enormous development potential on a generous plot of approx. 8,199 m². The building, constructed in 1953, comprises a total of 64 residential units with a total lettable area of approx. 4,544 m². With a current occupancy rate that leaves room for significant value creation, this offer is specifically aimed at in…

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