House for sale • 370 m² without real estate, Rhineland-Palatinate

Capital investment in the Westerwald: A fully rented, modernized multi-family house with four residential units (approx. 80–120 m²) and a stable tenant structure.

In recent years, extensive modernizations have been implemented – including roof insulation, new windows, modern heating technology, electrical systems, as well as fiber-optic Internet.

Under typical market financing conditions, the purchase price enables a solid, bank-acceptable financing structure with long-term, predictable income potential.

A current external market value appraisal is available and will be provided to qualified interested parties in the data room.

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Keyfacts

• Purchase Price: €549,000

• Annual net cold rent: approx. €34,320 (including partial graduated rent)

• Gross rental yield: approx. 6.25%

• No commission for buyers

• Residential units: 4

• Living area: approx. 370 m²

• Plot size: approx. 367 m²

• Year of construction: approx. 1900 (extensions in 1956 & 1963)

• Energy class: B (consumption certificate, 56.2 kWh/m²·a)

• Modernizations: Extensive measures in recent years (e.g. roof insulation, windows, heating technology, electrical systems, interior fit-out, fiber-optics)

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This centrally yet quietly located multi-family house in Höhr-Grenzhausen comprises four fully rented residential units with generous, functional floor plans ranging between approx. 80 m² and 120 m² of living space.

The layout of the property is as follows:

• Residential Unit 1 (Ground Floor): 3 rooms, kitchen, bathroom, storage room

• Residential Unit 2 (Upper Floor): 3 rooms, kitchen, bathroom, storage room, covered terrace

• Residential Unit 3 (Maisonette, Attic Floor): 4 rooms, kitchen, bathroom, storage room, balcony

• Residential Unit 4 (Annex):

 - Ground Floor: 3 rooms, kitchen, bathroom, hallway, and balcony

 - Basement: hobby room as well as two separate cellar rooms

Additionally, there are a garage, a parking space, and several separate cellar compartments available.

In recent years, essential maintenance and modernization measures have been carried out, so that the property overall is presented in a well-maintained and sustainably manageable condition. The combination of stable current rents, modern energy certification values, and functional apartment layouts forms a solid basis for long-term sustainability and also enables the use of standard conventional financing.

The multi-family house is located in a central area of Höhr-Grenzhausen. Shops, doctors, pharmacies, schools, daycare centers, restaurants, and leisure facilities are within walking distance.

Via the A48, Koblenz is connected in about 15 minutes; in addition, there is excellent transport access to the A3 Cologne–Frankfurt and the ICE station in Montabaur.

The location offers a stable, sustainable rental demand and is suitable for a long-term oriented capital investment.

• Modern building technology

• Renewed gas condensing boilers including hydraulic balancing

• Insulated roof

• New windows

• Fiber-optic connection in all residential units

• High-quality natural hardwood floorboards

• Balconies or covered terrace

• Maisonette apartment in the attic

• Garage, parking space, hobby room, separate cellar compartments

• Energy certificate: Consumption certificate, Class B