Private investor buys apartment building in Barmbek North

A private investor from Hamburg has purchased an apartment building in Barmbek North, paying its private owner an amount equivalent to 23.2 times the annual net rental income. Grossmann & Berger, a member of German Property Partners (GPP), brokered the sale of this apartment building.

This multi-family residence in Barmbek North was built in 1900 and stands between Rübenkamp and Fuhlsbüttler Strasse. The total living space of some 731 m² is divided into 14 apartments.

DM_Zinshaus_Barmbek-Nord_en.docx

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Britt Finke

Bleichenbrücke 9
20354 Hamburg

b.finke@grossmann-berger.de

040-350 802 993

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