Modernized apartment building | 6.25% yield | fully let | Energy efficiency class B.

Investment property in the Westerwald region: Fully let, modernized multi-family house with four apartments (approximately 80-120 m²) and a stable tenant base. Extensive modernization work has been carried out in recent years, including roof insulation, new windows, modern heating systems, electrical systems, and fiber optic internet. The purchase price allows for a solid, bankable financing structure under standard market conditions, with long-term, predictable earning potential. A recent, independent market valuation is available and will be provided to qualified interested parties in the data room.

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Key Facts:
• Purchase price: €549,000
• Annual net cold rent: approximately €34,320 (including some stepped rent increases)
• Gross rental yield: approximately 6.25%
• No commission for the buyer
• Number of apartments: 4
• Living space: approximately 370 m²
• Land area: approximately 367 m²
• Year of construction: approximately 1900 (extensions in 1956 & 1963)
• Energy efficiency rating: B (consumption certificate, 56.2 kWh/m²·a)
• Modernizations: Extensive work in recent years (including roof insulation, windows, heating systems, electrical systems, interior renovations, and fiber optic internet).
___________________­_____________________ This multi-family building, located in a central yet quiet area of Höhr-Grenzhausen, comprises four fully rented apartments with spacious and functional layouts, ranging from approximately 80 m² to 120 m² of living space. The property is divided as follows:
• Apartment 1 (Ground floor): 3 rooms, kitchen, bathroom, storage room.
• Apartment 2 (First floor): 3 rooms, kitchen, bathroom, storage room, covered terrace.
• Apartment 3 (Duplex, Attic): 4 rooms, kitchen, bathroom, storage room, balcony.
• Apartment 4 (Extension): Ground floor with 3 rooms, kitchen, bathroom, hallway, and balcony.
The basement includes a hobby room and two separate storage rooms.
In addition, there is a garage, a parking space, and several separate storage cellars. In recent years, significant maintenance and modernization measures have been implemented, ensuring that the property is in a well-maintained and sustainably manageable condition. The combination of stable current rental income, modern energy efficiency ratings, and functional apartment layouts provides a solid foundation for long-term stability and also allows for the use of conventional standard financing options.

The multi-family building is located in a central area of Höhr-Grenzhausen. Shops, doctors, pharmacies, schools, daycare centers, restaurants, and recreational facilities are all within walking distance.
Koblenz is easily accessible in approximately 15 minutes via the A48 motorway. Furthermore, there is excellent transport connectivity to the A3 motorway (Cologne–Frankfurt) and to the ICE high-speed rail station in Montabaur.
The location offers a stable and sustainable demand for rental properties and is suitable for a long-term investment.