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GERMANY Brandenburg Jüterbog
55 Units Apartment Complex near Berlin
This property is in premium condition, as the structure, installations and the apartments were modernised in 2001 and 2002. Full documentation and financial are available.
55 Units Apartment Complex near Berlin  - Photo one 55 Units Apartment Complex near Berlin  - Photo two
 
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'55 Units Apartment Complex near Berlin ' - Photo one

 
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FACILITIES
Property Type: Investment Property Property Site: City / Village
Country:  GERMANY City: Jüterbog
Zip Code: 14193 Region: Brandenburg
Address: 32-39 Waldauer Weg Vacation Property (for rent): No
Construction Year: 1979 Surface Area: 
Bedrooms: 100 Bathrooms: 55
 
DESCRIPTION
On offer is an excellent low risk, high yield property in Europe's largest economy. An apartment complex consisting of two separate buildings with a combined residential area of
34,582.83 sqft (3,212.85 square metres) divided into 55 modernised apartments. The complex is situated on a 53,819 sqft (5000 square metres) plot of land (freehold), which is included in the sale.
The buildings were constructed in 1979 and subsequently upgraded in 2001 and 2002 by their current owner. The upgrade included the renewal of the roofs, modernizing the heating system, installing double-glazed windows and refurbishing the façades, hallways, stairways as well as modernising twenty apartments. As a result repair costs are minimal. As typical in Germany, general operating, heating and maintenance costs are covered by a service charge paid by the tenants on top of their monthly rent.

The apartment complex is located in walking distance of the town centre of the medieval town of Jüterbog, 30 miles south-west of Berlin in the Teltow-Fläming district and celebrated its 1000-year anniversary in 2007. The town is an important node for railway transport and car traffic between Germany's major eastern cities of Berlin, Dresden and Leipzig.

FEATURES
Furnished:: No Dishwasher: No Alarm System: No
Washing Machine: No Hotwater: No Office Room: No
Linnen Supplied: No Pet Friendly: No Tennis Court: No
Balcony: No Gym/Sauna: No Terrace: No
Telephone: No Garage: No CableTV/Sat: No
Ocean View: No Lake View: No Mountain View: No
Ocean Front: No Lake Front: No Cellars: No
Swimming Pool: Private No
Public No
Garden: PrivateNo
Public No
Parking: Private No
Public No
Sales Price: 1750000 €
Sponsored property :  

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