Student residence project with underground parking and development potential

Investment opportunity in Krems: student apartment building with 159 units, underground garage and development potential

In Krems an attractive apartment project with a focus on student housing and flexible use is being created.

Planned are 159 fully equipped student apartments with their own small kitchen, bathroom, WLAN and loggia as well as an underground garage with approx. 170 parking spaces.

The project offers several sources of income: long-term rental to students, supplementary short-term rental of vacant units, garage income from hourly and monthly parking spaces as well as additionally approx. 700 m² attic space for the later realization of 5 apartments.

The operation is organized in a lean and efficient manner: digital support from the headquarters, external cleaning, no gastronomy, no permanently staffed reception.

The project can be sold as a complete project. Alternatively, participation, a joint venture or an individual investment structure is also possible.

An exciting real estate project in a strong university city — ideal for investors, developers or operators with a focus on housing, apartments and sustainable income models.

Upon request we will provide further information.

Tel.: +43 650 524 6869

Zirkel Immobilien GmbH is solely commissioned

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <1.000m
  • Clinic <1.000m
  • Hospital <2.500m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <500m
  • Secondary school <500m
• Local amenities
  • Supermarket <500m
  • Bakery <1.000m
  • Shopping center <3.000m
• Other
  • ATM <1.000m
  • Bank <1.000m
  • Post office <1.000m
  • Police <1.500m
• Transport
  • Bus <500m
  • Motorway access <3.000m
  • Train station <500m
  • Airport <6.000m

Distance information as the crow flies / Source: OpenStreetMap