Apartment building with 7 residential units in Hörbranz – attractive approx. 9.5 % gross yield

In Hörbranz, this multi-family house with a total of seven independent residential units is for sale. A warm welcome from Immobilien Sohm!

The property is particularly interesting for investors who value high ongoing rental income and an exceptionally attractive gross yield. With current or future monthly rental income of around € 4.700,-, a calculated gross yield of around 9,5 % per year results from a purchase price of € 595.000,-. This gives the property an interesting relationship between purchase price and ongoing income.

The multi-family house is located at Heribrandstraße 34 in 6912 Hörbranz and, according to the available usable value appraisal, comprises seven independent apartments. Five units are accessed via the shared stairwell, while two apartments have direct access from outside. The building also includes basement and ancillary rooms as well as a total of 10 KFZ outdoor parking spaces.

The 7 residential units

The apartment sizes are very interestingly mixed for rental purposes and range from compact units of around 50 m² to apartments of over 70 m²:

• TOP W1: approx. 70,00 m²
• TOP W2: approx. 69,87 m²
• TOP W3: approx. 68,06 m²
• TOP W4: approx. 50,68 m²
• TOP W5: approx. 50,38 m²
• TOP W6: approx. 50,38 m²
• TOP W7: approx. 72,58 m²

Each apartment has corresponding ancillary or basement areas; individual units also have a balcony, attic, storage room or garden house.

In total, the seven residential units provide around 432 m² of usable floor space. The different apartment sizes ensure a good distribution within the property and appeal to various tenant groups.

Interesting for investors

The particular appeal of this property lies less in luxurious furnishings and clearly in its financial figures. The house presents itself as a classic investment property with functional layouts and several separate units.

According to the usable value appraisal, the apartments are heated separately via night storage heaters, while hot water is supplied decentrally by electric boilers. This means that the individual apartments largely have separate building services.

Also particularly positive for an investment property are the ten allocated outdoor KFZ parking spaces with a total area of around 239 m².

Key figures at a glance

• Purchase price: € 595.000,-
• Monthly rental income: approx. € 4.700,-
• Annual rental income: approx. € 56.400,-
• Gross yield: approx. 9,5 % p.a.
• Residential units: 7
• Total usable floor space of apartments: approx. 432 m²
• Apartment sizes: approx. 50 to 73 m²
• KFZ parking spaces: 10 outdoor parking spaces
• Basement/ancillary areas: available
• Balcony: available in one unit
• Attic/garden house: allocated to individual units

Conclusion

An interesting opportunity for investors looking for an already subdivided residential property with seven units, ongoing rental income and an above-average gross yield.

With a purchase price of € 595.000,- and monthly rental income of around € 4.700,-, the property offers a calculated gross yield of around 9,5 % – a figure that makes this multi-family house particularly interesting for yield-oriented investors.

We would be happy to provide you with further documents, the detailed rent schedule and the usable value appraisal if you are seriously interested. Viewings are possible by prior appointment.

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Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our explanation of the generally applicable obligation to submit one and our request for its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability whatsoever for the actual energy efficiency of the property offered.

We point out that there is a family or economic relationship between the intermediary and the third party to be brokered.

The intermediary acts as a dual agent.

Infrastructure / distances

• Health
  • Doctor <1.750m
  • Pharmacy <750m
  • Hospital <3.250m
  • Clinic <5.000m
• Children & schools
  • School <1.000m
  • Kindergarten <1.500m
  • Secondary school <3.000m
  • University <6.500m
• Local amenities
  • Supermarket <1.000m
  • Bakery <750m
  • Shopping centre <6.500m
• Other
  • Bank <750m
  • ATM <750m
  • Post office <750m
  • Police <750m
• Transport
  • Bus <250m
  • Motorway access <1.750m
  • Train station <3.750m

Distances as the crow flies / source: OpenStreetMap