7.7% return · 1-bedroom apartment in Kaiserslautern, currently rented until 2029.

7.7% gross yield today. Potential for 12% with improvements. Currently leased until the beginning of 2029. Important note:
This is NOT the sale of a single apartment. This is the sale of the entire package of three apartments through a small limited liability company (share deal). Total price: €120,000 – effectively €40,000 per apartment. If you are looking for a cash-generating asset to build your portfolio: read on! Why this yield is achievable:
We purchased the property during a critical phase when there was considerable disarray within the building. The new property management has since brought order: new facade, problematic tenants have been removed, and clear structures have been established. Today, we have a clean company structure (a limited liability company) and all three apartments are leased to a single company under a fixed-term lease agreement until January 31, 2029. The lease agreement specifies that the landlord is not responsible for renovations or maintenance. Regardless of what happens until 2029, you will simply receive your money, and nothing else. However, renovations will undoubtedly be required after the lease ends. The figures, without exaggeration:
3 apartments × 19.28 m² each · 3 apartments × €245 each = €735 monthly rent
Offer price for the share deal (entire limited liability company): €120,000
Gross yield (current): 7.7%
After lease end + renovation: approximately €400/apartment in cold rent (market rate) → approximately 12% gross yield.

About the limited liability company:
Clean, empty balance sheet. Only the three apartments are included – no old business deals, no cars, no employees. Originally set up for fix-and-flip deals, but those never materialized. You are acquiring a ready-made structure – usable for fix-and-flip projects or as an asset management company, potentially exempt from corporate tax.

The location: Weilerbacher Straße in Kaiserslautern. Not a prime location. But precisely the kind of location that attracts investors: stable tenants, high returns, and little competition.