Germany
North Rhine-Westphalia
Pension for the elderly
Nursery for the elderly
in the suburbs of Cologne.
Land area: 14000m2 ( 1.4 ha )
Living area of the building: 4750m2
Year Built: 1900
Reconstruction and renovation: 1974, 2010.
The building is leased for a long-term certified medical company that has all the licenses to conduct this business.
Rental income: 675,000 € / year ( profitability 5.5% per annum )
Price: 11 500 000 € + 6% commission of a broker without VAT