Net Yield 11.62% Residential Investment in Thuringia(Germany), 1.6 Mio. Euros

2 Apartment blocks, 43 (out of 64 condominuims / apartments) and 20 apartments completely. A 1972 building modernised in 1997. near the A9 autobahn and the cities Gera and Jena.
Net rent 185,927 Euro (currently 5 apartments vacant). New price 1,600,000, net yield 11.62% (440 Euro/sqm)

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