Sustainable investment in the heart of Augsburg-Oberhausen.

Recently renovated multi-family house – Fully rented out as student shared apartments (student housing). This attractive multi-family house, located at Ulmer Straße 68, combines a solid building structure with a highly profitable usage concept and an exceptionally large plot of land of 608 m² for this central location. The building has been recently and thoroughly renovated to a high standard, ensuring long-term value preservation.

The property is divided into 3 large apartments with optimal layouts. All units are fully rented out as student shared apartments (WGs). The extensive plot of land offers a significant advantage to the student tenants (e.g., as a communal garden or bicycle parking) and provides valuable design options for the future owner. For example, it could be used to expand parking spaces or construct carports with solar panels.

The apartments:
Ground floor apartment: 78.18 sqm
First floor apartment: 80.14 sqm
Second floor apartment: 65.7 sqm
Gross annual rental income: €56,520.00
Net annual rental income: €46,500.00

Renovations in 2022:
- New gas central heating system, Viesmann high-efficiency gas burner. - 19 new Kermi panel radiators
- 15 new interior doors
- 3 glass interior doors
- 3 new apartment entrance doors
- 4 newly manufactured windows in the old building style, on the west side of the house
- Over 200 square meters of genuine oak parquet flooring in all apartments
- 3 new kitchens with new appliances (dishwasher, etc.)
- All sockets and switches have been replaced
- Electronic intercom system with monitor in all apartments
- All apartments have been newly plastered and painted internally
- 2 completely new tiled bathrooms with high-quality fixtures and connections - House staircase
- Oak staircase has been sanded and varnished
- The roof slopes in the apartment on the 2nd floor have been newly insulated with (ISOVER WLG 035)
- 3 new VELUX skylights
- Driveway and parking spaces have been covered with gravel.

Excellent transport links: The tram stop is located virtually at the doorstep. The Augsburg-Oberhausen train station is just a few minutes' walk away. From there, there is a direct and fast connection to Augsburg Central Station, as well as to Munich and Ulm for commuters.

Short distances to campus facilities: Thanks to the excellent public transport links and well-maintained cycle paths, both the University of Augsburg and the Augsburg University of Applied Sciences are easily and conveniently accessible to student residents.

Urban amenities and leisure activities: Supermarkets, pharmacies, bakeries, and other shops are located in the immediate vicinity. The neighborhood also offers a vibrant gastronomic scene with cafes and pubs. The nearby Wertach river provides opportunities for relaxation and recreation, with its riverbank paths ideal for jogging and unwinding. Here are the key selling points (USPs) for the advertisement:

"Happy without a car": Perfect for students who don't own a car – everything is within walking, cycling, or tram distance.
High demand in the location: Oberhausen is rapidly transforming into a vibrant, creative neighborhood, which will lead to long-term appreciation (gentrification).
Guaranteed rental income: The combination of affordable housing in shared apartment form and this central location guarantees a virtually 0% vacancy rate.

3. Visualizing the benefits for the buyer:
Mention in the text that Helmut-Haller-Platz serves as the urban center of the neighborhood, and that cultural attractions like the Gaswerk area (Augsburg's creative and cultural center) are nearby. This shows investors that the neighborhood is thriving and highly attractive to young people.

Should I incorporate this detailed location description directly into your existing property listing? If you can tell me approximately how many minutes it takes students to reach the university or college (or whether the building has bicycle parking in the courtyard), I can incorporate that as an additional highlight.

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