A residential building is located in Gelsenkirchen, in a quiet street (~40 km from Düsseldorf Airport).
In 2019, all necessary renovations have been carried out.
The house is fully rented out.
List of the most important companies and educational institutions in Gelsenkirchen whose employees and students are potential tenants:
Germany's second most important inland port
VEBA mill (main company of the city) - plastics industry
Westfalen University of Applied Sciences
College of Public Administration
Institute of Labour Technology of North Rhine-Westphalia
Return on equity ~6.4% (28,800 € / 450,000 €)
