5-Zimmer Wohnung zum Verkauf €199.000
60306 Frankfurt am Main - Westend

For sale is a spacious 5-room apartment with 1 balcony, basement compartment, and parking space in front of the house in Landstuhl.

The apartment was renovated in 2016 with high-quality equipment. The purchase price includes the kitchen, which was installed in 2016.

Currently, the apartment is rented to an American soldier of the US Air Force. The apartment is registered and confirmed by the US Housing Office. The rent is reliably paid and completely taken over by the US Army.

The demand for apartments of this size, in this location with full furnishings, is in high demand among American tenants and the general rentability at these conditions can be met again at any time. (> 15 rental inquiries from June 2022 are verifiable).

Invest your money in this investment and receive a stable 8.4% ROI!

About the house:
Both appearance and substance are in good condition. The general front door and the entire entrance area are in well-kept and mint condition. The windows are triple-glazed plastic windows. The basement is dry + clean.

The basement room belonging to the apartment (not a basement box) is very large and therefore offers additional usable space.

The house is professionally managed and continuously maintained.

The city of Kaiserslautern has required the WEG to make significant improvements to fire protection. The owners' association has not yet made a reliable decision. Special investments of approx. 20 - 25,000, -€ per unit.

In the year of the investments (presumably 2027/28), you can make these completely fiscally valid, so that the effective possible net expenditure would be with approx. the half.

We would be happy to discuss this point with you in person so that we can discuss the possibilities for us as the seller to participate in a possible special investment, in order to make the purchase even more attractive for you.

Numbers:

Size: 124 sqm

Floor: 7

cold rent - target: € 1.300,-

warm rent - target: € 1.585,-

non-apportionable costs approx.: € 231,-

apportionable costs approx.: € 207,-

Monthly allocation to reserves approx.: € 94,-

house money: € 438,- per month

Purchase price of the apartment incl. fitted kitchen with dishwasher & parking space: € 199.000,-

Maintenance reserve: over € 5.000,- for this unit

Why the apartment can be interesting for you:

1. because the apartment is perfect for classic renting, but especially as American renting to US soldiers (Housing approved)

2. because the rental demand (especially for US soldiers) in Landstuhl is much higher than the supply. We can confirm that we have more than 15 rental inquiries for one/this apartment ad with this rent in a few days.

3. because high-quality furnished and renovated apartments are very popular, especially with US soldiers

4. because the apartment is also very suitable as an owner-occupied apartment for a family in the future in case of a possible sale.

5. because with full financing with an annuity of 6% p.a. (4% interest, 2% initial repayment) you still generate a monthly surplus.

6. because your invested equity earns an ROI of more than 8%.

Please contact us only after you have read the text carefully and are seriously interested in the apartment. We will be happy to provide you with the documents afterward so that you can check them. Please understand that we will only arrange viewing appointments with you once you have really checked all the documents.