Germany
North Rhine-Westphalia
Boarding house for the elderly
A boarding house with medical care for the elderly
in the suburbs of Cologne.
Land area: 14000m2 (1.4 ha)
Living area of the building: 4750m2
Year of construction: 1900
Reconstruction and renovation: 1974, 2010.
The building is leased for a long time to a certified medical company that has all the licenses to conduct this business.
Rental income: 675,000€/year (profitability 5.5% per annum)
Price: 11 500 000€ +6% broker commission excluding VAT
