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Other for sale in Hagen - Nordrhein-Westfalen, Germany

7 950 000€

58095 Hagen - Nordrhein-Westfalen

Features

  • Anzahl der Etagen im Haus 5
  • Balkone 1
  • Fahrstuhl
  • Keller

Property description

The property is an attractive investment opportunity with a total area of approximately 5,023 m², consisting of around 467 m² of residential space and 3,561 m² of commercial space. The building includes a newer section built in 2012 with commercial tenants, as well as an older residential building at the rear of the property dating back to 1950. The property is divided into 805 m² and 864 m² sections, totaling 1,669 m² and accessible from two streets. Currently, seven residential units and five commercial units are fully rented out, ensuring a mix of residential and commercial tenants. Additionally, a large portion of the commercial space is leased to a nursing home until December 2032, providing stability and diversification to the rental income. This unique situation allows for targeting different market segments. The property also includes a basement garage with 29 rented parking spaces, adding significant value and attractiveness to the building. The current annual rental income is approximately €482,000 (actual), with a projected annual rental income of €580,000 (potential). The potential increase can be achieved through rent adjustments and re-leasing of the currently interim leased retail space. Overall, this residential and commercial property offers a solid investment opportunity with diverse potential uses and opportunities for value appreciation. The mix of residential and commercial units, along with the leased parking spaces, make it an interesting option for investors seeking long-term and profitable investments. Regarding the price of €7.950.000, it reflects the overall quality and potential of the property, including the current rental income and future growth opportunities. With a mix of residential and commercial tenants, as well as a long-term lease with a nursing home, the property offers stability and potential for increased returns over time. Investors looking for a reliable and profitable investment in a well-maintained property with various potential for growth and value enhancement will find this property appealing at the listed price.

Location

58095 Hagen - Nordrhein-Westfalen

Date added: 24.07.2024

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