Six-storey building.
Description
Total area of the property is 2,701 m².
Students residential complex consists of 123 beds, an area of each room is 23 m².
Financial performance
Absolute annual income is 504,118 €.
The current yield of 5.5%.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
Location and nearby infrastructure
The hostel is located in Essen in the federal state of North Rhine-Westphalia.