You will love this residential building in Ostrau, Saxony free land. The property includes 41 apartments, 34 of which are rented.
Year built – 1984-1986 (overhauled in 1997)
Land Area –4,348 m2
Total Area – 2,591m2
Revenue from the rent – €101,557.68 (up to €123.859.68 if fully rented)
Rate of return – 11.95% (up to 14.58% if fully rented)
Price – €850,000
Ostrau town is located in Saxony free land. The population of the town is about 5,000 people.
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Do not miss a unique opportunity to have a residential building in Germany!
- Type of Property: Apartment house
- Property Type: Secondary market
- Status: Good
- Location: Ostrau, Saxony, Germany
- Land Area: 4348 m²
- Total Area: 2591 m²
- Sale Price: €850,000