Investment Package - Ten Loft Apartments

This property offer includes 10 penthouse apartments in a residential complex from the 1920s. The units were built in 1994 and 1995 in the attic of the residential complex built in 1927. This apartment package includes seven rented and three vacant residences. Another apartment will be available at the end of August. The rental of the three empty units and the becoming vacant unit was calculated at 11.00 € / m2 net rent and is in the target rent already indicated. Further rent increases are also offered by the already rented apartments according to the current rent levels. This can be increased to an average rent of 8.18 € / m2 (according to average rent) in this year. The objects are around 55 m2 and all have a small roof terrace with several accesses depending on the apartment. Overall, the vacant apartments are renovated and the rented apartments are well-tended and constantly maintained. The floors in the rooms are laminated and the walls / ceilings are wallpapered and whitewashed. All bathrooms are modern and fully tiled. The built-in kitchens are well maintained and come fully equipped. All electrical appliances in the kitchens are fully functional. All apartments are well laid out and are very bright with lots of light. All apartments have their own lockable storage room available and tenants have access to a large, green and beautifully landscaped garden with children's play area

About Reinickendorf, Berlin

Located in the green north-west of Berlin, the Reinickendorf district offers both idyllic rural and urban flair withexcellent infrastructure. The property is located in the southern part of the district, adjacent to the districts Wedding and Pankow, directly on the U8 underground line.Despite the quiet location there are in close proximity schools, authorities, day-care centers, doctors and many shopping opportunities. The area is surrounded by sports centers. Also the newly renovated Paracelsus bath is in the immediate vicinity. With the Tegeler See and the Tegeler Forst, the district has large water areas and green spaces, which occupy more than a quarter of the district area - an absolute record in Berlin.Thanks to the 23 buses, three S-Bahn lines and two subway lines as well as the Stadtautobahn A 111 the paths in Reinickendorf are short, in a few minutes you can easily reach the inner city of Berlin.