Progetto Offenbach-Mühlheim

NPL singleassets  „Offenbach-Mühlheim“

Situationmuhlheim 300

  • 22 apartments  haven‘t been finished
  • Builder didn`t finish building – techical and legal problems for building permission

Turnaround

  • Development & Sales for the unfinished appartements
  • Improvement of the existing structure, legalizing and Selling the remaining to a  new builder 

Capital & Returns

purchase price: €1.6  m
Capex: €0.32m
Turnover: €3.2  m
Return (cash multiple): 1.7x

tabella 500 grafico 400