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

Private student hostel for sale. The property is in good condition, with all standards (fire system, etc.).

In the rooms: refrigerators, hobs (kitchenette integrated), electric heaters, heated floors, bathroom with shower, internet, telephone, cable TV. The stairwells have been renovated.

The facility is located in Gummersbach and near the campus of the Cologne Institute of Technology (8 min), every half an hour there is a bus. City center - 2 km. From the city there is an exit to the autobahns in all directions.

• Usable area m2: 1,295.23 m2
• Plot area m2: 2 466 m2
• Apartments: 56
• Year of construction: 1985
• Condition: well maintained
• Floors: 2.5,
• Basement
• Rental income: €117,600