Commercial in city Duisburg
5446.00 sq.m., 78 bedrooms

€ 10 300 000
Refurbished residential complex with 78 residential units and parking spaces in Duisburg-Rheinhausen

Type of property: residential complex with 78 residential units
Type: Asset Deal
Year of construction: approx. 1957
Construction: massive construction
Condition: refurbished (2017)
Living space: approx. 5,067 square meters
Land area: approx. 5,446 sqm
Windows: plastic insulating glazing
Heating: district heating
Parking spaces / garages: 64 units / 9 units
Letting: mostly leased

In-place rent: approx. 482,704.00 EUR p.a. (net)
Target rent: approx. 562,057.80 EUR p.a. (fully let)
Yield: 4.7% (actual), 5.5 (target)
Purchase price: EUR 10,300,000 plus commission of 4.76% (including VAT)

Equipment / description
Residential complex with 78 apartments in 3 apartment buildings with garages and parking spaces in the
Peschen 3, 5 / Beguinen 1, 3, 3a, 47228 Duisburg-Rheinhausen approx. 5,446 m2
(Standard land value approx .: 230.00 € / m2) In 1957/58/2017 the buildings were revitalized approx. 5,067 m2
78 residential units
4-room apartments
3.5 room apartments
2.5 room apartments
2-room apartments
1.5 room apartments

Purchase options
1st option:
The seller assumes the renovation costs for the backwater pool and the apartments, or for all damage from the rain or storm. These measures will be taken as soon as possible
fixed and notarized. The refurbishment share with regard to the purchase price can be deposited here as security. The seller also guarantees a minimum rent
from 562,057.80 € For this guarantee, part of the purchase price can also be withheld as proof of the rent to be guaranteed.
2nd option:
Purchase price: € 9,600,000.00 Repair of the damage in the apartments by the seller. With regard to the partial payments for full rental, the same procedure applies as for the 1st option.

Seller information

Seller type Agency
Company ROOMS

Location of the property on the map

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