A unique deal combining two areas and two strategies: First a residential building in the bustling city center (medium price levels), 800 meters from the historic center of Essen and less than a 10-minute walk from the Essen-Duisburg University. In this case we will choose a strategy of improvement - raising rents and selling as an income-producing property. Second a building in the prestigious Rüttenscheid area (high price levels), Which is a 5-minute walk from the University Hospital. Here, a strategy of partition and sale of apartments will be carried out. This duality will unable us to maximize returns and create a structured diversification of investment. Investing in the city of Essen, the sixth largest in Germany, located in the most populated region of Germany NRW, provides great security, yet offers exceptionally high passivity and excellent financing. This is a very strong starting point for investment. The two buildings have a total of 26 apartments and 3 stores over 1951 square meters.The group will include 5-10 investors at most.
Purchase, renovation, Furnishing, Short rental activity.
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531 m2 Office Space in the heart of Zoliborz district