Prime Investment Property in Cologne: Multi-Family & Commercial Real Estate Ensemble with Development Potential
Property Overview
Property Type: Commercial & Residential Investment Ensemble
Purchase Price: €5,500,000
Buyer's Commission: 4.76% (incl. statutory VAT)
Total Rentable Area: Approx. 1,685 m² (Residential: ~1,190 m², Commercial: ~485 m²)
Total Units: 19 (14 Residential Units, 5 Commercial Units)
Current Net Annual Rent (Actual): €261,000 (~€21,700 monthly)
Property Condition: Refurbished / Sanitized
Parking: 32 spaces (Outdoor spaces & Garages)
Year of Construction: Approx. 2016
Location & Accessibility
Public Transportation: 1 minute walking distance
Highway Access: 5 minutes drive
Main Train Station: 20 minutes drive
Airport: 25 minutes drive
Investment Highlights & Description
Discover an exceptional, high-yield real estate investment opportunity in a well-connected, high-demand area of Cologne. This versatile property ensemble consists of two directly adjacent residential and commercial buildings, offering a balanced mix of stable cash flow and substantial long-term value-add potential.
Strong Financial Performance & Diversified Tenant Structure
The ensemble generates a solid current net annual rent of approximately €260,000. Featuring a diversified tenant structure combining commercial users and residential tenants, the property minimizes vacancy risk while ensuring steady, reliable monthly returns. Furthermore, current rents offer optimization potential to align with the dynamic Cologne real estate market.
Major Value-Add & Development Potential
Beyond the strong existing cash flow, this portfolio offers massive development upside for savvy investors and developers:
Vertical Expansion: Potential for additional residential space through vertical expansion (story additions) and structural optimizations.
Rear Parcel Development: The rear annex area offers substantial restructuring potential. Subject to planning approval, preliminary concepts indicate the possibility of developing up to six townhouses, providing a unique opportunity to generate independent new-build value.
Key Amenities
32 dedicated parking spaces and garages ensuring high tenant retention and long-term marketability.
Modern central heating system and well-maintained, refurbished property condition.
Ideal Investor Profile
This offering is tailored for institutional investors, family offices, and experienced private equity buyers looking for a blend of secure, ongoing cash flow in a top German metropolitan market (Cologne) alongside actionable project development upside.
Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.