INVESTMENT PROJECT!
Two houses in Gelsenkirchen are for sale, which are currently completely vacant and require major repairs. This gives the investor the opportunity to implement the project from scratch, carry out modernization, set a new pricing policy, and create a high-quality rental portfolio. The sizes of the houses are presented in the form of photos, showing the total size of the two houses. If we assume an average market rental of cold rental in Gelsenkirchen after renovation (approx. 7-9 € / m² depending on the location and equipment level), then a rough profitability can be calculated. A rough calculation - in houses there are only 20 apartments with an average size of about 55-65 m². With an average rental, for example: • 8 € / m² • 60 m² average apartment → 480 € cold rental from one apartment 20 apartments × 480 € = approximately 9.600 € of cold rent per month. That is: • about 115.000 € per year (Kaltmiete) • without taking into account additional income (for example, parking, storerooms, etc.) If after a high-quality upgrade it is possible to reach 8.50-9 € per m², then the annual gross income can be on the order of 120.000-130.000 €. Thus, with full load and the right management strategy, the object has a good potential for a sustainable cash flow. Purchase of 2 houses for 550.000 € Bruttorendite: Rounded: ≈ 21 % Bruttorendite IF YOU NEED REPAIRS OF THIS PROPERTY - WE WILL BE HAPPY TO HELP YOU! ANY ASSISTANCE AT ALL STAGES - GUARANTEED! Photos and videos upon request, or better come and see! Record for viewing by company contacts.
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