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31547 Rehburg-Loccum
Property Description: This property offers a wide range of possibilities with its diverse usage options. It consists of several apartments, office spaces, commercial areas, production halls, storage spaces, and a huge plot of land. Currently, 5 residential units are immediately rentable; with some small adjustments, many more apartments could be created. Additionally, there is plenty of room for expansion. The commercial units can be used immediately for a trade business such as a carpentry or roofing company. The commercial units have their own entrances and are separate from the residential units. The calculated return on investment in the current state, based on rental rates, is 7%. Thoughts on Price: The price of 650,000€ for this property reflects its potential for generating rental income from both residential and commercial units. With the opportunity to further develop and expand the living spaces, as well as the existing infrastructure and renovations done, this property offers great value for the price. Additionally, the location directly on the B441 highway provides easy access, making it an attractive investment opportunity.
31547 Rehburg-Loccum