House for sale • 1400 m² without real estate, Saxony-Anhalt

A new investment property for your portfolio.

The property consists of 11 barrier-free apartments and a 135 sqm attic apartment.

Each staircase is equipped with a stairlift.

Near the center of Blankenburg, on a total area of approximately 1,400 m², this small residential complex was newly constructed in 2014. Using high-quality building materials and workmanship, and with great attention to detail, the old mill was rebuilt.

You can invest in this residential complex and benefit from external management.

The town of Blankenburg (Harz) is located on the northern edge of the Harz at about 234 m above sea level, west of Quedlinburg, south of Halberstadt, and east of Wernigerode. Blankenburg (Harz) is connected to the B 6N, a highway-like road. To the southwest, the B 27 runs, and the B 81 runs in a north-south direction through Blankenburg (Harz). The train station is reachable within a 5-minute walk. The city center is about 1 km away, and shopping facilities are in the neighborhood (approximately a 5-minute walk).

Community areas with a communal kitchen on the ground floor;

spacious apartment for up to 2 people ranging from 30-60 m²;

gas central heating with state-of-the-art condensing technology and solar thermal energy for hot water and heating;

underfloor heating in all rooms;

curved staircase with natural stone inlays;

high-quality oak wood flooring in the living area;

2 stairlifts in the two building entrances;

modern high-quality tiled surfaces in the spacious, barrier-free bathrooms;

construction carried out in accordance with the latest energy-saving standards (2014);

rental contracts directly with the residents;

in-house care service;

Current annual rental income: €75,600 (current yield: 5.21%)

Target annual rental income: €89,280 (target yield: 6.16%)

Note:

If applicable, an existing financing can be assumed under the following conditions:

Amortizing loan;

interest rate fixed until 7/2030;

interest rate: 0.96%;

amortization: 2.88%;

Owner’s note:

The small senior residential complex is part of an extensive portfolio of a family office and is managed professionally.

The sale is made directly by the owner of the property, without broker fees.

Please direct your inquiry, including the full address of the beneficial owner, to us. We will gladly send you the sales prospectus for further review after the signing of a non-disclosure agreement (NDA).