Assisted Living in city Freital
8895.00 sq.m., 1 bedroom

€ 10 000 000
We bring to your attention:

Nursing home in Saxony. Income of 6.2%

Description of the object
Your attention is presented to a nursing home in Freital (the state of Saxony).
The object was built in 1995. In 2003, major repairs were carried out.
The object is located on a land plot of 6 887 sq.m. and consists of 4 residential entrances and 1 commercial.
Under each residential entrance there is an underground parking for 99 cars.
In addition there is parking for another 100 cars. For the convenience of residents, residential entrances are equipped with elevators.

The total area is 8 895.00 sq.m.
Living area - 3 453.54 sq.m.
Commercial area - 5 441.46 sq.m.
The cost is 10 000 000 euros

The current annual rental income is 611,441.76 euros / year (it is possible to increase the income to 619,361.76 euros / year with full rental of premises)
Profitability - 6.12% (it is possible to increase profitability to 6.19% with full rental of premises)

Each apartment has its own bathroom, panoramic windows, balcony, laminate.

There is a valid lease agreement, which was concluded before 2047 with the well-known German operator for the care of elderly people - Advita. At the moment, all apartments are leased to this organization.
The company, in turn, subletting them to their wards. In addition, Advita leases 40 commercial premises as an office, premises for therapy and other purposes.

Advita - has been working since 1994, for more than 20 years in the German market. There are 26 branches in Berlin, Saxony, Saxony-Anhalt and Thuringia. The staff of about 1700 employees.

Investing in this property will provide you with a long-term and guaranteed income.

Seller information

Seller type Agency
Company Barcelona-Dom

Location of the property on the map

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