Bad Hersfeld

Address Erfurter Straße 4-12 | Jenaer Straße 1-7
Properties Residential complex with 55 apartments and 40 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
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)
  • Renovation of the house entrances
  • Lifting of rental potential (parking spaces)
  • Gradual removal of maintenance backlog
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