3 Zinshäuser - 27 Wohnungen in Wels – rund 5 % Nettorendite

For sale is a residential complex with a total of 27 residential units in Wels, consisting of 3 buildings. (no renovation backlog!!)

The property offers investors the opportunity to invest in affordable housing in a economically strong region of Upper Austria. Through already completed new lettings as well as ongoing rent adjustments, a projected annual net rent of around EUR 173.955,00 results.

There are no minutes of homeowners' meetings available, as the property has so far had only one owner and therefore no homeowners' meetings have been held.

Highlights:

• 27 residential units and 27 parking spaces

• Location Wels, year built 1996
• Completed renovation measures
• Already completed new lettings
• Projected annual net rent of around EUR 173.955,00
• Approximately 5% net yield
• Attractive apartment sizes
• High demand for affordable housing

The current rental situation is continuously changing due to the return of individual units and their re-letting to current market rents. Initial rent adjustments and new lettings have already been successfully implemented.

Further documents and detailed information are available upon request.

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Please note that there is a familial or economic close relationship between the broker and the third party to be brokered.

The broker acts as a double broker.