Address |
Erfurter Straße 4-12 | Jenaer Straße 1-7 |
Properties |
Residential complex with 55 apartments and 39 parking spaces |
Location |
- Optimal connection to the motorway
- Shopping facilities and bus stop in the immediate vicinity
- City centre with restaurants, doctor’s offices, schools and kindergarten only a few minutes away by car or bus
- Logistics centre Amazon and railway station within walking distance
|
Construction years |
1966/76 |
Rental area |
3,700 m² |
Strategy |
Block sale |
Acquisition |
January 2013 |
Sales completion |
September 2015 |
Project duration |
32 months |
Measures |
- Modernisation of vacant apartments (new bathrooms, floors, electrical, plumbing)
- Gradual removal of maintenance backlog
- Renovation of the house entrances
- Lifting of rental potential (parking spaces)
- Full occupancy
|