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Residential complex in Gummersbach
The property is located in 51647 Gummersbach about 50 km from Cologne. The city has approximately 52,000 inhabitants and a positive population development. There is also a technical university with 3,500 students.
WHAT WE MADE
The residential complex has 8454 m² of rental space - 116 apartments. Each apartment has a storage room in the basement. A rent increase was made in June this year. There is also a car park complex with 80 parking spaces on the premises.
Due to the convenient location, the expanded infrastructure in the building complex and the planned extensive modernization measures, we expect rental income to increase by 6.45%. The holding period is designed for 2 years.