Tuesday, March 15, 2011

German properties - 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 ...

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