Flat for sale • 245 m² without real estateMannheim Wohlgelegen Baden-Württemberg 68167

Investment Highlights:

• 3 completely renovated and rented loft apartments (shared flats) with a total of 30 rooms (10, 12, and 8 rooms)

• Innovative loft concept with flexible usage possibilities and creative spatial layout

• Current gross monthly rent: €17,294

• Potential increase to approximately €19,700 per month upon new rental contracts

• Operating costs: €4,500/month

• Full renovation in 2020 using high-quality materials and modern industrial loft design

Property Description:

This exceptional investment property is located on the sought-after Friedrich-Engelhorn-Straße, 68167 Mannheim. The three stylish industrial loft shared apartments were completely renovated in 2020, impressing with their modern design and thoughtful open-space layout that accentuates the urban loft character.

Features:

• High-quality bathrooms with walk-in showers in a concrete look

• Functional fitted kitchens in industrial design

• LED lighting in all rooms

• Smoothly plastered walls and high ceilings

• Communal areas with concrete-look tiles

• Each bathroom is shared by 2-3 residents and comes with a lockable door

• Generous communal spaces (hallways and open kitchen/living area)

• Modern ventilation and air conditioning systems for optimal indoor climate

• Some rooms feature an innovative interior concept, ideal for those seeking tranquility

Additional Income Sources:

• 6 underground parking spaces (monthly rental income: €270)

• Furnishing option: Most rooms are rented furnished by the owner; the furniture is sold along with the property

• Contact with a vending machine operator can also be arranged, who has already expressed interest (additional income approx. €150-200 per month)

Location with Excellent Rental Potential:

The outstanding location is a major factor for the consistently high demand:

• Within walking distance to DHBW (under 5 minutes)

• University hospital reachable on foot in less than 10 minutes

• Optimal public transport connections with bus and tram stops (lines 4 and 5)

• Quick access to the A5/A6 via B38 (within 10 minutes)

• Two shopping complexes in the immediate vicinity

• Various fitness studios (Crossfit, Cleverfit, American Fitness) reachable within 5 minutes

• Quiet residential area on a side street

Energy Certificate:

• Energy certificate: Consumption certificate

• Type of heating: District heating

• Year of construction of the building: 1970

• Energy consumption: 132 kWh/(m²*a)

• Main energy source: District heating

Rental Concept:

The properties are currently fully rented and generate stable income. The rooms are offered at attractive all-inclusive rents:

• Warm rent for new rentals (all-inclusive): approx. €640

• Included: operating costs, electricity, and 400 Mbit internet

• The tenant structure is mixed: professionals, singles, couples, and also job center clients

Investment Analysis:

• Constant high demand due to the ideal location for students and professionals

• Sustainable rental potential due to proximity to educational institutions and hospital

• Increase in gross monthly rent potential by approx. €2,300

• Versatile usage possibilities thanks to the unique spatial layout

• Potential for creative redesign and optimization of space usage

• For project developers: According to the land register, these are 3 separate apartments, which can also be redeveloped and sold individually

Note for Investors: We are happy to advise you on all building regulations and usage concepts during a viewing.

Commission applicable: 3% plus VAT.

Seize this rare opportunity to acquire a high-yield real estate package in one of Mannheim's most desirable locations!

For detailed information and a personal viewing, please feel free to contact me.

Best regards,

Schmidt

#capitalinvestment #yieldproperty #investmentopportunity #Mannheim #loftliving #industrialdesign

Imprint:

JeRo Services GmbH

Albert-Schweitzer-Str. 32

67269 Grünstadt