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63 residential units in Goslar | Financing of €2.304 million available at 2.5% interest | Equity required: approximately €677,196.

38642 Goslar (Oker) – Niedersachsen
2.981.196 €
9,960 m²
Plot Area
Private offer
Apartment building or investment property
Residential complex

For sale is a high-yield real estate portfolio consisting of six multi-family houses, all with full basements, located in Goslar. The complex comprises a total of 63 bright and family-friendly apartments, with living areas ranging from approximately 42 m² to 112 m². The total living area is approximately 3,528 m². This property is subject to a leasehold agreement (Erbbaupacht), with a term ending on December 31, 2051, and a lease payment of €2,785.54. This means that you acquire ownership of all six buildings and the 63 apartments within them, while the approximately 9,960 m² plot of land is leased. This eliminates a significant land purchase price, which dramatically reduces the initial investment and the required equity compared to a full purchase. The three-story, solid-built structures, dating from 1956, offer a solid foundation and a fully basemented structure. The property requires renovation and modernization. This presents an ideal opportunity for investors and contractors who wish to unlock value through targeted improvements and gradually upgrade the standard to a modern level. The heating is provided centrally through gas-fired boilers. A significant advantage for investors is the opportunity to take over an existing, highly attractive loan from the Sparkasse (local savings bank):
Purchase price: €2,981,196
Favorable outstanding loan: Approximately €2,304,000
Excellent interest rate: Only 2.5% per annum, fixed until the end of 2029! Equity requirement: Only approximately €677,196
Commission-free: The sale is handled directly by the owner, without additional real estate agent fees. The portfolio offers an optimal combination of current income and significant potential for value appreciation:
Current situation: A portion of the units are stably rented, providing reliable income. Approximately half of the apartments are currently vacant. The reason for the vacancy: The vacancy is not due to a lack of demand, but rather due to shortcomings in the previous property management, which failed to address re-renting and maintenance. Your opportunity as a professional: The local market and demand are high! For experienced investors and professionals, this situation represents a real opportunity: You are acquiring a property without long-term leases in these units, and you can renovate and re-rent them at current market rates according to your own plans.

Are you interested in this offer?

Object Number
OM-487142
Object Class
Apartment building or investment property
Object Type
Residential complex
Handover from
By arrangement

Purchase price & additional costs

purchase price
2.981.196 €
Purchase additional costs
approx. 182,786 €
Total costs
approx. 3,163,981 €

Details

Condition
In need of renovation
Number of floors
3
Total area
3492 m²
Number of units
63
Heating
Floor heating
Year of construction
1956
Equipment
Basement
Infrastructure
Grocery discount, Kindergarten, Primary school, Public transport

Location

The residential complex is ideally located in the popular town of Goslar (Altdammer Straße / Wolfenbütteler Straße), with excellent transport links. The historic old town, a UNESCO World Heritage site, is easily and quickly accessible. All essential amenities, including supermarkets (NP-Markt), bakeries, public transport stops, schools, and recreational areas, are located in the immediate vicinity, within walking distance.

Location Check

Nature
Child Friendliness
Sports
Shopping
Health
Eating Out
Public Transport
Culture
Nightlife

Energy

Final energy consumption
157.70 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

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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Offer from: Vanessa