You will love this residential building in Faßberg, Lower Saxony federal land. The property consists of 38 apartments.
Year built – 1965
Land Area –10,079 m2
Total Area –2,615 m2
Price - €1,690,000
Revenue from the rent - €131,748 per year (up to €136,042 if fully rented)
Rate of return – 7.8% (up to 8.05% if fully rented)
The building is located in a quiet and green area. All apartments are in excellent condition. There are energy-saving plastic windows that allow to keep heat and save money on utilities.
The property is located within walking distance from the city center. There are shops, schools and hospitals nearby.
Faßberg is a commune in Lower Saxony. It is part of the Celle district. The population is about 7,000 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: Faßberg, Lower Saxony, Germany
- Land Area: 10079 m²
- Total Area: 2615 m²
- Sale Price: €1,690,000