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Apartment building in Bad Orb.

63619 Bad Orb – Hessen
1.990.000 €
688 m²
Living Area
982 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

These are two buildings, each with six 2-room apartments, a shared underground garage, and a corresponding number of parking spaces.
Construction completion: approximately 2004.
The buildings are in good condition. The apartments have been regularly renovated by specialized companies contracted by the owner after each change of tenant.
Each apartment has a storage room in the basement. Shared laundry rooms with designated spaces for dryers and washing machines are available in both buildings. The bicycle parking space is located in the underground garage.
11 apartments are currently rented. One apartment has just become vacant and is available as a show apartment for viewings.
Additional apartments can be viewed by appointment.
There are no outstanding rental payments.
A number of tenancies have been in place for over 15 years.
The tenant community is pleasant. Some of the tenants are retirees; others are single individuals with permanent employment.
The entire property is divided into individually owned apartments.

Are you interested in this offer?

Object Number
OM-469838
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.990.000 €
Purchase additional costs
approx. 142,211 €
Total costs
approx. 2,132,210 €

Breakdown of Costs

Purchase price 1.990.000 €
Real estate transfer tax 119,400 € (6.00%)
Notary costs 15,113 € (0.76%)
Land register entry 7,698 € (0.39%)
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: 7,230€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on nirqovalen.shop

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.45%

Details

Condition
Well-kept
Number of floors
3
Total area
750 m²
Number of garages
1
Number of parking lots
12
Net rental income (target) p.a.
76500 €
Net rental income (actual) p.a.
76500 €
X-times rental income
26.00
Number of units
12
Flooring
Tiles
Heating
Central heating
Year of construction
2004
Equipment
Balcony, Terrace, Garden, Basement, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, Public transport

Information on equipment

The apartments are furnished to a standard level. All floors are tiled, and the bathrooms have both a shower and a separate bathtub. All apartments have at least one spacious balcony, some of which are covered. The ground-floor apartment has a terrace.

Location

The location offers excellent transport links. The historic Kurpark, with its Kneipp spa facilities and salt graduation tower, the Toskana Therme spa, the natural swimming pool, and other leisure facilities, schools, kindergartens, the weekly market, and shops for daily necessities in the city center are all within walking distance.

The edge of the forest, with its extensive network of hiking and cycling trails, is only about 200 meters away.

Location Check

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

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
127.00 kWh/(m²a)

Miscellaneous

The energy consumption of the houses is 127.0 kWh (per square meter per year) or 127.3 kWh (per square meter per year).

The property is being sold privately; there are NO real estate agent fees.

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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