Package of 4 apartments in a nursing home under construction in the federal state of Hesse.
Description
Package of 4 apartments with a total area of 230 m² (57 m² each).
Completion date: 2022.
The annual income is 34,000 €.
The yield is 3.3%.
All apartments are rented out. The operator is a company that operates 15 centers for the elderly in Germany.
The lease was concluded for a period of 25 years with an option of extension for 5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The property is located in the federal state of Hesse, 30 km from Frankfurt. Hanau and Frankfurt can be easily reached by bus with frequent regular traffic and via quickly accessible train stations.
Hesse is a state in the west-central part of Germany. Hesse is bounded by the states of Lower Saxony to the north, Thuringia to the east, Bavaria to the southeast, Baden-Württemberg to the south, Rhineland-Palatinate to the west, and North Rhine–Westphalia to the northwest. Its capital is Wiesbaden.