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Cash-Flow Property * 9% return * 6 units * 8 garages

This apartment building stands out for its clear investment structure and stable recurring cash flow. The property currently generates approximately €30,000 in annual rent at a purchase price of €329,500, offering an attractive return on investment. Additional income potential comes from the garages and existing parking spaces, which serve as separate sources of revenue.

Property data

Property no. 4807

Type of property Investment
Property type Multi-family house
Postal code 58840
Place Plettenberg
Year built 1955
Parking spaces 11

Areas

Plot area 824 m²
Living area 273 m²
Number of apartments 6

Prices

Purchase price 329.500,00 €
Annual rent actual 359.913,60 €

Details

Floor Tiles, Laminate
Type of heating Central
Type of fuel Pellet

Energy certificate information

Year built 1955
Main energy source PELLET

Description

This property is a multi-family home with a total of 6 residential units and 8 garages, characterized by a stable cash flow and a clear, transparent structure.

The building currently generates approximately €30,000 in annual rental income at a purchase price of €329,500, yielding an attractive return of over 9%.
A key component of the investment is the additional 8 garages and other parking spaces, which serve as a separate source of income and offer further potential for optimization.

*** A combination of ongoing cash flow and additional monetizable ancillary spaces.

Equipment

+ 6 residential units in sizes that are easy to rent out
+ Additionally: a garage complex with 8 single-car garages
+ Additional outdoor parking spaces available
+ Partially basemented with ancillary spaces (including laundry room, utility room)

The floor plan layout is functional and tailored to the needs of the affordable rental market.

Features & Condition

+ Pellet heating system (replaced in 2022)
+ Radiators partially replaced (2022)
+ Bathrooms modernized in several units (2021/2022)
+ Some units feature built-in kitchens and furnishings
+ Basement apartment completely renovated in 2022
+ Windows mostly from the late 1990s
+ Solid construction, built in 1955

*** Overall, a partially modernized portfolio with measures already implemented and further development potential.

Miscellaneous / Investment Facts

+ Commission-free purchase
+ Stable tenant base in the affordable housing segment
+ Central location with sustainable demand
+ Approved advertising structure as an additional revenue option
+ Fencing (2020)

*** The property stands out for its clear focus on the rental market and, thanks to its easily rentable units, offers a sustainably stable income base—an investment with a clear focus on long-term rentability.

Your contact person

Peter G. Beuth

00492722937216

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Location

Close to downtown and in consistently high demand: Ratscheller Weg in Plettenberg is one of the areas where affordable housing, in particular, can be rented out on a continuous basis.

Its proximity to downtown, amenities, and local employers ensures a stable tenant base and high rental reliability.

In this segment, which is currently in high demand, the location enables predictable occupancy rates and offers investors a solid foundation for sustainable returns.

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