House for sale • 1560 m² without real estateAchtermoor 19 und 21, , Schleswig-Holstein

Commission-Free Directly from the Owner: 29 Units in Achtermoor – €3.58 Million (Significant Rent Increase Potential at No. 21: Current Rent €7.61/m² vs. Market Rent €11.75–€13.49/m²)

Important Notice

No inquiries from real estate agents, please. The property is being sold exclusively and directly by the owner to buy-to-let investors and institutional investors.

Key Facts at a Glance

Purchase Price

Achtermoor 19: — | Achtermoor 21: — | Total Package: €3,580,000 (commission-free)

Purchase Price Multiple (Current):

Achtermoor 19: — | Achtermoor 21: — | Total Package: 20.9x

Price per m² of Living Space:

Achtermoor 19: — | Achtermoor 21: — | Total Package: €2,295/m²

Year of Construction:

Achtermoor 19: approx. 1966 | Achtermoor 21: approx. 1970 | Total Package: 1966/1970

Lot Size:

Achtermoor 19: approx. 3,220 m² | Achtermoor 21: approx. 1,939 m² | Total Package: approx. 5,159 m²

Living Space:

Achtermoor 19: approx. 770 m² | Achtermoor 21: approx. 790 m² | Total Package: approx. 1,560 m²

Residential Units:

Achtermoor 19: 17 (1–3 rooms) | Achtermoor 21: 12 (2–3.5 rooms) | Total Package: 29 units

Parking Spaces / Garages:

Achtermoor 19: 8 garages | Achtermoor 21: — | Total Package: 8 garages

Current Rent per m²:

Achtermoor 19: €10.14/m² | Achtermoor 21: €7.61/m² | Total Package: average €8.86/m²

Net Rent Excluding Utilities (Current Monthly):

Achtermoor 19: €8,209 (including garages) | Achtermoor 21: €6,018 | Total Package: €14,227 (€170,724 p.a.)

Property & Investment Description

Offered for sale directly by the owner is a solid, high-yield real estate portfolio. The package comprises two neighboring apartment buildings situated on a total site of approximately 5,159 m².

• Achtermoor 19: 17 well-designed residential units (1- to 3-room apartments) and 8 individual garages. The current average rent is €10.14/m².

• Achtermoor 21: 12 spacious residential units with 2 to 3.5 rooms. With a current average rent of only €7.61/m², this property offers excellent upside potential.

• Building Services: Both properties are centrally heated by a gas-fired central heating system dating from 2003, located in No. 21.

Special Highlights for Investors

• Differentiated Rent Structure & Upside Potential: While No. 19 already generates a stable return (€10.14/m²), No. 21 in particular (€7.61/m²) offers considerable potential for rent increases. With gradual adjustments toward the local market rent for new leases of €11.75 to €13.49/m², total annual income would rise to between €225,000 and €257,500. This would reduce the investor’s effective purchase price multiple to between 15.3x and 17.6x.

• Commission-Free Purchase: No brokerage commission payable by the buyer.

• Solid Tenant Structure: Fully let portfolio with established tenancies and a diverse mix of apartments ranging from 1 to 3.5 rooms.

• Balanced Unit Mix: Efficient layouts ranging from 1- to 3.5-room apartments ensure consistently strong tenant demand.

• Large Site: The total lot size of approximately 5,159 m² represents substantial value and offers scope for future development potential, subject to planning and building regulations.

Attractive Residential Location Offering a High Quality of Life in the Pinneberg District

The two apartment buildings are located in a quiet, established residential area of 25436 Moorrege, a charming municipality in the Pinneberg district of Schleswig-Holstein. The area features a mature, well-maintained neighborhood and offers an ideal combination of natural surroundings and excellent connections to the Hamburg metropolitan region.

• Infrastructure & Shopping: Everyday amenities, supermarkets, doctors, pharmacies, and bakeries are located nearby and in the directly adjacent town of Uetersen, which can be reached within a few minutes. Schools and kindergartens are also conveniently located in the municipality and surrounding area.

• Leisure & Recreation: The nearby River Pinnau, idyllic marshland, various local recreational areas, and sports clubs provide excellent leisure and recreational opportunities right on the doorstep.

• Transport Links: The nearby B431 federal highway provides excellent access to the regional road network. Surrounding towns such as Elmshorn, Pinneberg, and Wedel, as well as the Hamburg city limits, can be reached quickly by car. Several bus routes operated within the Hamburg Transport Association (HVV) network also provide reliable public transport connections.

LRL Immobilien KG