Flat for sale 5+1 • 132 m² without real estateRemscheid Lüttringhausen Lüttringhausen Nordrhein-Westfalen 42899

4 OWNED APARTMENTS WITH A COMMON SHARE + a SHARE APARTMENT 12

Gertenbachstrasse 11+13, 42899 Remscheid – Lüttringhausen

The property was acquired in 2004 by the partnership Schindler-Kaminski. Until 2006 it was completely gutted and then extensively renovated and restored. The property is under historical monument protection.

In the ground floor and parts of the upper floor, a living group for people with dementia was established in 2006, where they live relatively independently in small apartments. Among the small apartments is a larger apartment (common share) with a communal kitchen, dining room, and other common areas, as well as a specially designed bathroom.

Overall, the living group consists of 9 apartments. The community is cared for around the clock by the Hartman RS nursing service. There are waiting lists for occupancy because the demand for such apartments is very high.

From the housing contingent, four small apartments with the common share and an additional share in the common area totaling 131.55 m² are now for sale.

The apartment sizes are as follows:

• Apartment 2: 25.94 m²

• Apartment 3: 28.59 m²

• Apartment 4: 28.52 m²

• Apartment 6: 39.18 m²

• Common share: 9.32 m²

All apartments are studio apartments equipped with a small kitchenette, a bathroom, and facilities adapted for the disabled. Apartment 6 has two living areas. Each apartment includes an individual share of a parking space.

Located in the historical area of the Old Town RS-Lüttringhausen,

the building, thanks to an intensive renovation with extensive thermal insulation, is close to being a low-energy house.

Due to the rental income, the financing is more than covered at a current typical interest rate for 10 years with a 2% repayment rate. Please also refer to the amortization calculations in the apartment listings.