Capital investment / partial ownership / apartment package in the city of Kerpen / Cologne region

Attractive residential portfolio in a stable location.

For sale is a package of 51 apartments, along with 31 underground parking spaces, located in a well-maintained residential complex.
Annual gross cold rent for apartments: €233,802.60
Annual rent for parking spaces: €18,300.00
Total annual rent: €252,102.60

Gross yield: approximately 4.59%
(€252,102.60 ÷ €5,495,000)

Price-to-rent ratio: approximately 21.8
(€5,495,000 ÷ €252,102.60)

The property was built in 1995 and consists of 1- to 3-room apartments with an average living space of approximately 50 m². All apartments are equipped with high-quality granite floors, which speaks to a solid and durable quality of finish.

The residential complex is fully occupied, providing an immediate and stable income stream. It is particularly worth noting the on-site property management, which has reliably managed the building for approximately 25 years – a clear advantage in terms of maintaining value and efficient management.

In addition, the property features an underground garage and passenger elevators, which enhance the living comfort and significantly increase its appeal to tenants.

The city center of Cologne is only 15 to 20 minutes away.
Kerpen is characterized by a strong economic structure with numerous jobs in the areas of trade, services, industry and research. The good accessibility and the wide range of jobs on offer make the location particularly attractive for commuters and ensure a consistently high demand for rental space.