Manufactured in Park
USD $1,983,308
Wolfhagen, Germany
Listed by: VON POLL IMMOBILIEN Kassel | von Poll Immobilien GmbH
A very well-maintained, modern residential and commercial building from 1993, which was last modernized in 2019, is for sale. The property impresses with its successful room layout, good structural condition and full, long-term rental of all units - an ideal setting for investors looking for a solid, high-yield investment. The building has a total living and usable area of approx. 1,715 m² on a generous plot of around 1,048 m². There are a total of eight units in the property: four residential units and four commercial units, all of which are let to reliable tenants - a guarantee of continuous rental income. Particularly noteworthy: The commercial spaces are let on long-term leases and are used by public authorities, among others - a strong argument for sustainable rental income and a stable yield. Three of the four commercial spaces are also barrier-free, which makes the property even more attractive to a broad user group. There is still understandable development potential in the current tenancies, particularly with future new contracts or index adjustments. The heating system was modernized in 2019 and meets modern standards of energy-efficient building technology - an additional plus point in terms of the future viability and value retention of the property. The property currently generates a gross yield of around 5.76 %, which can be classified as solid and sustainable in the current market environment. Even taking into account the usual operating costs, an estimated net yield of around 5.38 % remains an attractive return for investors. The well thought-out room layout comprises a total of 48 rooms, including six bedrooms and twelve bathrooms. The furnishings are functional and well maintained - ideal for long-term use by private and commercial tenants. The high level of user comfort is particularly noteworthy: 15 parking spaces are available directly at the property, two of which are under a carport, providing tenants with ample parking space. The convenient location with good connections to local public transport and national transport routes also makes the property extremely attractive for commercial tenants. This property offers an excellent investment opportunity with secure rental income, a good tenant structure and a balanced combination of residential and commercial space. The solid construction, central location, well-maintained fixtures and fittings and the modernization work carried out - combined with long-term rental agreements in economically stable sectors - make this property a future-proof investment with stable potential for value growth and returns. Please feel free to arrange a viewing appointment - we will present this attractive investment property to you personally on site.