PR24085, Apartment Block, Döbeln, Saxony, Germany
The residential building was built 1848 and partially renovated in 1995. The building comprises of 10 residential units. Currently 6 are in the process of re-letting. At the moment, the building is achieving an amazing 9% yield. The property has the potential of achieving 23% yield when it is fully tenanted, this should not be a problem when the property is fully refurbished.
The property is located in Döblen. The town has a population of 21.300 inhabitants and has a central location between Leipzig, Chemnitz and Dresden. Shops of all kinds, children's garden, sports fields, schools, clinics, hospitals, pubs, restaurants and shopping centre are located nearby. The city centre can be reached within 5 to 10 minutes walking distance.
We would also be helpful in organising the finance for this building if required. Please feel free to mail or call me at any time for more information or to arrange a viewing. Alternatively you can register FREE on our website www.properties24.org to receive regular email updates on new properties as well as latest price updates.