Dortmund Apartment building:130+ Keys Yield 5% The

Dortmund Apartment building:130+ Keys Yield 5% The expected yield is 5.6%. The building is located in Dortmund, 10 km from the city center. There is the S-Bahn train station in the immediate vicinity of the building in Germany.
<ul>
<li>Yield</li>
</ul>
5.0%
<ul>
<li>Built in </li>
</ul>
1982
Property parameters
<ul>
<li>Leasable area: 9,496 m²</li>
<li>Total apartments: 130 +</li>
<li>Number of parking lots: 35</li>
</ul>
Financial performance
<ul>
<li>Annual income: 599,384 €</li>
</ul>
Apartment building in Dortmund.
Description
Apartment building with a total leasable area of 9,496 m² includes 130+ apartments and 35 parking places.
Financial performance
The current annual income is 599,384 €.
The current yield is 5%.
The expected annual income is 670,936 €.
The expected yield is 5.6%.
Location
The building is located in Dortmund, 10 km from the city center. There is the S-Bahn train station in the immediate vicinity of the building.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.