BAD HERSFELD

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

Bad Homburg