Deal Time: Residential Property Successfully Brokered
Another investment placed: Lübke Kelber has successfully brokered a well-maintained multi-family house with nine fully let residential units in a prime location in Wuppertal to a new owner. The transaction volume amounted to approximately €2 million.
Transaction Highlights
- Solid investment property in well-kept condition
- Fully let with stable cash flow
- Attractive micro-location in an established residential area
“Demand for well-located residential properties with development potential remains stable despite current market conditions. Local knowledge and an efficient process are key,” says Christian Dillenberger, Senior Director at Lübke Kelber.
A heartfelt thank you to all parties involved for the constructive collaboration!