Commercial apartment building in Oberhausen, Germany, 2 037 sq.m

A package of apartment buildings in Oberhausen and Bochum is for sale.
House in Oberhausen:
built in 1965 (reinforced concrete floors)
In 2019-2023, repairs were made
11 apartments
The total area of the house is 1139 m2:
- living area of 794 m2
- the area of 1 room is 345m2
1 apartment is available. The rest are rented out.
Current annual income: 87528 euros
Annual income at full rental: 89461.72 (7.19%)

House in Bochum:

It has a very good location in the city - next to a green park!
There are 2 grocery supermarkets within walking distance
The house was built in 1910 (high ceilings)
8 apartments and 4 parking spaces
The total area of the house is 897.53 m2:
The house is fully leased, and some apartments have the potential to raise the rent.
Annual actual income: €70.625 (~5.14%)
Annual rental income in the market: 81150 (5.91%)
In total, both houses generate a combined income of 158,153 euros (12.57%)
Possible total income when raising the rent: 170,611 euros (13.56%)
The investor's capital required to purchase a package of 2 of these apartment buildings: 1,257,421 euros

The current market value of the houses is 2,614,953 euros. For the purchase, the investor has enough equity capital in the amount of 1,257,421 euros
The purchase of houses is available through the purchase of the company for which the houses are designed. The loan previously issued by a German bank for the purchase of houses is taken over by the buyer.
The commission for the buyer is + 5.95% of the cost of the object.
Details are available upon request after providing the LOI.