Description:
TOD0169
Renovation of the existing trade estate to a nursing home. Beginning: 05/2007 and
Ending: 01/2009
76 Beds: 46 single rooms and 30 double rooms
Util area 3.700 sqm.
Area: 14.000 sqm.
Property 2.686 sqm.
Rental Income: €412,300
Yield: 7%
Tenant: a competent and solvent client for at least 20 years. For the first 6 month they will pay a rent depending on occupation ( will pay for every bed proportionate). Wasserburg is one of the most important historic Towns of the old Bavaria, older than the 50 km distant Munich. Wasserburg is the economic centre of the region. While you find numerous stores, shops and hand craft businesses inside the city wall. Outside of it a lot of large concerns are established and developed. Altogether they are today a guarantor for the prosperity of the city and the surroundings. It%u2019s a young and dynamic city with a population of about 13 000 .
