Change of ownership transaction facilitated for new-build apartment block in Schnelsen

In the Hamburg district of Schnelsen a private investor has acquired a new-build containing five family apartments at a price equivalent to a multiple of 20.8.
 
The builder and seller of the apartment house is SBL Immobilien Bauträger GmbH.
 
The transaction involving this residential property with total living space of about 400 m² was brokered by the apartment buildings department of Hamburg property services provider Grossmann & Berger.