High-yield residential complex in Goslar: 63 units with excellent financing and potential for appreciation!

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. The property is subject to a ground lease (Erbbaupacht), with a term ending on December 31, 2051, and a ground rent 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, dramatically reducing the entry price and the required equity investment compared to a full purchase. The three-story solid brick buildings, constructed in 1956, offer a solid foundation and a fully basemented structure. The property requires renovation and modernization. This presents an ideal opportunity for investors and developers who wish to unlock value through targeted improvements and gradually upgrade the standard to a modern level. The heating is provided centrally through gas-powered floor heating systems. 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
Attractive 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, ensuring 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 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 can acquire a property without long-term leases in these units and, at your discretion, renovate and re-rent them at current market rates.

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.