Three Buildings With a Total of 10 Apartments & 2 Commercial Units - Fully Renovated - Fully Tenanted Giving 10% Net Yield.. Excellent Town Centre location in Apolda, Thuringia for three Fully Renovated and Fully Tenanted Buildings.

Two with three floors, the third with four floors. All three are completly redeveloped and in superb condition. All FULLY Tenanted.

In the 4-storey building on the ground floor there is a shop. Above there are three apartments on three floors. The building adjoins the second building which contains a garage, above that there is an other apartment.

One 3-storey building contains Two apartments.

The second 3-story building contains a shop on the ground floor and four apartments on the two floors obove.

All three properties will be sold together.

Built approx. 1900, fully renovated in 1995

Plot size: 679 m2

Rentable Area: 628,74 m2

residential: 549,40 m2

commercial: 133,34 m2

Units: 12

residential: 10 (occupied)

commercial: 2 (occupied)

Parking: 1

Garages: 1

Current Rent: 32,858,00 p.a.

Net Yield of 10.2%

Apolda the capital town of the Medium Thuringian administrative district Weimar-country, has lain in the town triangle Weimar, Jena, Naumburg, near of the Ilm. On account of the more than 250-year-old tradition of the bell casting Apolda is called as "bell-city". Nevertheless, even more important for the town had the cord and knitwear production which is pursued for over 250 years in Apolda. Moreover, in Apolda the dog race Doberman was bred. Today a monument is dedicated to her.

Apolda has 23,585 inhabitants (2007) and an unemployment rate of approx 13%.

Today several food companys have settled there, among them the european biggest producer of frozen pizza, also chemical industries is in place.

The traffic connections are good withe the near highway A4, the main route between East- and West Germany.