Commercial apartment building in Colpin, Germany, 1 580 sq.m

We present to your attention an apartment house in Kelpin (land — Mecklenburg-Vorpommern). The facility was built in 1971 on a plot of land with an area of 3,870 sq.m. Major repairs of the building were carried out in 1998, during which a central heating system was installed and windows were replaced. In 2005, the house and stairwells were modernized. The last renovation was carried out in 2018. The object has a well-maintained condition.

The house has 3 entrances and 4 floors. There are 24 apartments in it, the area of which varies from 49 to 81 sq.m. All of them have a modern layout. The bathrooms are equipped with a window. Laminate flooring is laid on the floor. Each apartment has a balcony. The house is connected to central heating and gasified.

At the moment, 20 apartments have been rented, 4 apartments are available for occupancy.

The total area is 1,580 sq.m.
Cost — 790,000 euros
Rental income — 66,960 euros/year (with full rental, an increase to 74,107 euros/year is possible)
Profitability — 8.48% (with full lease, an increase to 9.39% is possible)

Kelpin is a city in Germany in the land of Mecklenburg-Vorpommern. The nearest major city is Neubrandenburg (12 km, population more than 63,000 people).

If you are interested in this and other objects, you can submit a request. The employees of our company will contact you in the near future and will provide you with the objects corresponding to your request.

Do not miss the opportunity to purchase an apartment house in Mecklenburg-Vorpommern!