Investment (Residential) in City Area, North Rhine - Westphalia for Sale

A residential building is located in Gelsenkirchen, in a quiet street (~40 km from Düsseldorf Airport).

In 2019, all necessary renovations have been carried out. 

The house is fully rented out.

List of the most important companies and educational institutions in Gelsenkirchen whose employees and students are potential tenants:

• Germany's second most important inland port
• VEBA mill (main company of the city) - plastics industry
• Westfalen University of Applied Sciences
• College of Public Administration
• Institute of Labour Technology of North Rhine-Westphalia 

Return on equity ~6.4% (28,800 € / 450,000 €)