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Age-appropriate residential complex with 53 apartments for sale in Oschatz. Directly from the ET!

Alte Wache 1, 04758 Oschatz (Fliegerhorst) – Sachsen
4.700.000 €
3,178 m²
Living Area
15,000 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

The building was constructed around 1940. For the first few decades, it was used for military purposes. In the year 2000, after extensive renovations, the building was repurposed.

Currently, the large apartment building houses 53 residential units with a total living area of 3178 square meters, all of which are designed to be accessible.

The building has two elevator systems that connect all floors.

The park-like property covers an area of approximately 1.5 hectares.

The base rental income amounts to approximately €281,200 per year. There are no commercial leases. Each tenant has their own individual lease agreement with the property owner.
The current owner and seller has consistently carried out all necessary repairs and maintenance.

In 2024 and 2025, the entire residential complex underwent complete renovations. The facade, stairwells, basement, and loggia now look like new. Vinyl flooring has been installed in each apartment with every change of tenant. The residential complex gives a brand-new impression. For buyers, there will be no significant investments required in the coming years.

Are you interested in this offer?

Object Number
OM-426012
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
Immediately

Purchase price & additional costs

purchase price
4.700.000 €
Purchase additional costs
approx. 311,241 €
Total costs
approx. 5,011,241 €

Details

Condition
As good as new
Year of last modernization
2024
Number of floors
3
Total area
15000 m²
Net rental income (target) p.a.
281200 €
Net rental income (actual) p.a.
281200 €
X-times rental income
16.70
Number of units
53
Flooring
Parquet, Laminate, Carpet, Tiles, Vinyl / PVC, Other (see text)
Heating
Central heating
Year of construction
1940
Equipment
Balcony, Terrace, Winter garden, Garden, Basement, Roof terrace, Elevator, Full bath, Shower bath, Sauna, Pool / swimming pool, Fitted kitchen, Guest toilet, Fireplace, Barrier-free
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

Location Check

Child Friendliness
2.1km
Nature
50m
Health
2.0km
Sports
250m
Shopping
450m
Eating Out
450m
Culture
2.7km
Nightlife
2.6km
Public Transport
200m

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

Sold directly by the owner. Without an estate agent.
This saves several 10s of thousands of euros in commission.
There is some room for negotiation on the purchase price.

If you are interested in the residential complex and would like to view it, please leave your full contact details in the contact form.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Commission: No commission for buyers

Offer from: Karl-Heinz Schmidt

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