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HIGH-YIELD MULTI-FAMILY HOUSE – CURRENT YIELD: 6.63% | PROJECTED YIELD: 6.97% | + 60 sqm OF POTENTIAL FOR EXPANSION.

Hauptstr. 95, 66851 Queidersbach – Rheinland-Pfalz
599.000 €
410 m²
Living Area
621 m²
Plot Area
Apartment building or investment property
Apartment building

ATTRACTIVE MULTI-FAMILY HOUSE FOR INVESTORS – 6.63% CURRENT YIELD | 6.97% POTENTIAL YIELD | DEVELOPMENT POTENTIAL
For sale is a well-maintained, fully rented multi-family house located in 66851 Queidersbach, near Kaiserslautern, with currently 4 residential units and approximately 350.9 m² of living space. NO COMMISSION – directly from our portfolio.
The asking price is €599,000. With a current monthly gross rent of €3,310, or €39,720 annually, this results in an attractive current yield of approximately 6.63%.
The potential gross rent is €3,480 per month, or €41,760 annually, resulting in a potential yield of approximately 6.97%.
KEY FACTS AT A GLANCE
Purchase price: €599,000
Current yield: approx. 6.63%
Potential yield: approx. 6.97%
Current gross rent: €3,310/month | €39,720/year
Potential gross rent: €3,480/month | €41,760/year
4 rented residential units
Current living space: approx. 350.9 m²
Potential for expansion in the attic: approximately 50-60 m² of additional living space
Potential total living space after expansion: approx. 401-411 m²
Garage and carports available
Remaining useful life according to expert report: 31 years
Depreciation on the depreciable building component: 3.23% per year.
+++ REQUEST THE COMPLETE BROCHURE DIRECTLY +++

Are you interested in this offer?

Object Number
OM-492102
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
Immediately

Purchase price & additional costs

purchase price
599.000 €
Purchase additional costs
approx. 37,549 €
Total costs
approx. 636,549 €

Breakdown of Costs

Purchase price 599.000 €
Real estate transfer tax 29,950 € (5.00%)
Notary costs 5,022 € (0.84%)
Land register entry 2,578 € (0.43%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 2,412€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.04%

Details

Condition
Well-kept
Year of last modernization
2020
Number of floors
2
Total area
410 m²
Number of garages
2
Number of carports
2
Net rental income (target) p.a.
41760 €
Net rental income (actual) p.a.
39720 €
Number of units
5
Year of construction
1968

Location

ATTRACTIVE LOCATION WITHIN THE CATCHMENT AREA OF KAISERSLAUTERN – HIGH LIVING QUALITY COMBINED WITH SUSTAINABLE RENTAL POTENTIAL.

This property is located in Queidersbach, in the Kaiserslautern district, and offers an attractive combination of living in a natural environment with good access to amenities. Queidersbach provides the quality of life that is particularly sought after by tenants: a pleasant and quiet living environment, while still being conveniently located near essential services. Shops, schools, kindergartens, and other daily necessities are all within easy reach. For investors, the combination of affordable housing, good infrastructure, and proximity to the economic and academic center of Kaiserslautern is particularly appealing. This location attracts a diverse range of tenants, from singles and couples to families and commuters. The location offers excellent conditions for long-term and sustainable rental income and is ideally suited to the property's character as a high-yield multi-family building with additional development potential. In conclusion: This is an interesting investment opportunity in a well-established residential area within the Kaiserslautern catchment area, offering a combination of attractive returns, existing full occupancy, and further potential for appreciation. Detailed property information is available upon request by email.

Location Check

Nature
300m
Sports
550m
Child Friendliness
250m
Health
550m
Shopping
200m
Eating Out
200m
Culture
250m
Nightlife
300m
Public Transport
50m

Energy

Final energy consumption
117.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate

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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Commission: No commission for buyers

Offer from: Kerchner Immobilien GmbH