Investment properties

1 Property Found

The apartment building is located in Schleitheim near the German border. The existing commercial space in the
ground floor, was converted into a 5 1/2 bedroom apartment in 2020, making the property now a pure
residential property. Rental rates are in the upper segment, but due to the recent
renovation, justified and realistic. Zurich and Basel can be reached within an hour’s drive.
The yield object is sold under the hand directly by the owner and is not on the market.
The key data is as follows:
– Number of apartments: 6
– 4 x 3 1/2 room apartment
– 2 x 5 1/2 room apartment
– Number of parking spaces: 10 (including 2 visitors)
– Built: 1883
– Last major renovation: 2020
– Net rental income: CHF 146,920.
The selling price of CHF 3’040’000.- is negotiable directly with the owner.
Gross return of approx. 4.85