Portfolio of residential properties with no existing leases – partial seller financing may be possible.

RENT-FREE RESIDENTIAL PORTFOLIO: COLOGNE & LANGENFELD
4 apartments for sale, from a long-standing private portfolio.
3 in Cologne, 1 in Langenfeld. No commission.
Purchase price: €1,049,000
Annual net cold rent (potential): €50,124

COLOGNE · NIKOLAUSSTRASSE 48
5-Person Shared Apartment – An established rental concept for over 20 years.
The largest apartment in the portfolio has been used as a 5-person shared apartment for over two decades. This concept was already in place with the previous owner, was adopted upon acquisition, and has been successfully continued since then. Each resident has their own lease agreement. Vacant rooms have consistently been re-let within a short period. The rooms and common areas have been regularly renovated. Currently, two rooms are being reorganized and upgraded. After a resident moves out, their room is renovated and taken over by an existing resident of the shared apartment. Their previous room has also been renovated; a lease agreement for a fixed monthly rent of €560 is about to be signed for the re-letting of this room. €2,560 monthly fixed rent
€30,720 annual income
After deducting the estimated ancillary costs of approximately €560 per month, the net rental income is approximately €24,000 per year.
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COLOGNE · OBERSTRASSE 101
€807 monthly ancillary costs
€9,684 annual ancillary costs
The rent has been regularly adjusted within the legal limits during the tenancy period. The tenancy has been in place for over nine years.
The tenancy has been stable and reliable for years. There have been no issues with rent payments. The high demand for new rentals of other apartments in the immediate vicinity of Cologne demonstrates that the location is not dependent on this existing tenancy agreement. In some cases, we have had to process hundreds of inquiries within a short period when re-renting properties.
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COLOGNE­ · OBERSTRASSE 113
Available. Being renovated. The buyer decides. After the current tenant moves out, the apartment will be renovated and, as part of the sales process, will not be re-rented. The property will be transferred free of any existing tenancy agreement, giving the new owner the greatest possible flexibility. After renovation, the target gross cold rent for the apartment is set at €800 per month / €9,600 per year. This rental range is currently common for similarly renovated smaller apartments in the area. The buyer will therefore not receive a newly rented apartment with a lease agreement dictated by the seller, but can make their own decisions:
re-rent it · use it themselves · keep it as an existing rental property · sell it separately
The free transfer of ownership, particularly within the overall offer, provides additional flexibility.

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LANGE­NFELD · WUPPERSTRASSE 44
3 rooms · 71 m²
The apartment in Langenfeld offers approximately 71 m² of living space, three rooms, and two balconies on opposite sides of the building. The tenancy agreement has been in place since August 2010. The lease agreement was mutually agreed upon and rewritten in 2014 as part of the acquisition.
€570 per month (cold rent)
€6,840 per year (cold rent)
As a landlord, you couldn't ask for a better rental history:
the same primary tenant since 2010, no rental arrears, and a remarkably stable tenancy. Rent adjustments have been made regularly during the tenancy period, within the limits of the law.

COLOGNE-WESTHOVEN
The three apartments in Cologne are located in the Westhoven residential complex. This complex combines spacious green areas with convenient access to everyday amenities and direct connections to the city center. A bakery and a discount supermarket are practically around the corner. A general practitioner, pharmacy, daycare center, and tram stop are also within a few minutes' walk. And just a few minutes away begins one of the area's greatest advantages: the Rhine River with its cycling and walking paths, as well as the Westhovener Aue (a green area).

WALKING DISTANCE:
Bakery: approximately 200 meters, 2 minutes
Penny (supermarket): approximately 250 meters, 3 minutes
General practitioner: approximately 400 meters, 5 minutes
Rhine River: approximately 400 meters, 5 minutes
Tram line 7: approximately 400 meters, 5 minutes
Westhovener Aue: approximately 500 meters, 6 minutes
Elementary school: approximately 850 meters, 10 minutes
Nikolausstraße daycare center: approximately 100 meters, 1 minute
Direct access to the city via tram line 7.

The Westhoven Berliner Straße and Westhoven Kölner Straße tram stops are just a few minutes' walk away. Tram line 7 provides direct connections to Porz, Deutz, and the Cologne city center.
Porz Markt: 6 minutes
Deutzer Freiheit: 16 minutes
Heumarkt: 17 minutes
Neumarkt: 19 minutes
This allows easy access to central work, shopping, and leisure areas in Cologne without having to change trams. AND WITH THE BICYCLE ALONG THE RHINE
The proximity to the Rhine is not just a leisure benefit. Within just a few meters, you reach the riverside path. From there, cycling routes along the Rhine lead into the city center. Rheinauhafen: 6.4 km · 20 min. Cologne-Deutz: 6.8 km · 22 min. Old Town: 7.2 km · 23 min. City Center: 8.2 km · 26 min. At the same time, recreational opportunities begin practically on your doorstep:
Rhine / Leinpfad (path): 5 minutes walking
Westhovener Aue (meadow): 6 minutes walking
Poller Wiesen (meadows): 6 minutes by bike
ALSO QUICK ACCESS BY CAR
A4 Cologne-Poll: 2.8 km · 5 min. Cologne/Bonn Airport: 9.5 km · 11 min. Cologne City Center / Heumarkt: 9.2 km · 16 min. Porz-Lind: 8.5 km · 12 min. This location offers excellent access in almost every direction: daily necessities are within walking distance, the city center is accessible by line 7 or by bike, and there is quick access to the highway and airport. This combination makes Westhoven attractive to a variety of residents – for professionals as well as for couples, families, or people who want to combine short commutes with proximity to the Rhine. WESTHOVEN RESIDENTIAL PARK
Spacious residential complex in a green environment.
The Westhoven residential park was built in the mid-1970s.
The size of the complex offers something that is not always common in Cologne: a large plot of land with generous green spaces and mature trees.

LANGENFELD
Quiet living between Cologne and Düsseldorf.
Langenfeld combines a desirable residential location with proximity to two of the largest labor markets in North Rhine-Westphalia. The Wupperstraße also offers convenient access to daily necessities.

DAILY LIFE
Bus stop: 250 m, 3 minutes walking.
Bakery: 700 m, 9 minutes walking.
Aldi / REWE supermarket: 1 km, 3 minutes by bike.
City center: 2.1 km, 7 minutes by bike / 6 minutes by car.
Langfort amusement park: 1.8 km, 5 minutes by bike.
The Langenfeld city center, with its shopping arcade, is also easily accessible. Cologne or Düsseldorf – both are within reach.
The Langenfeld S-Bahn station is 2.7 km away and can be reached by bike in 9 minutes. There is also a bus connection to the station. The S6 line connects Langenfeld to the major labor markets of Cologne and Düsseldorf. Typical travel times are approximately:
Düsseldorf Central Station: 21 minutes from the S-Bahn station.
Cologne Central Station: 28 minutes from the S-Bahn station.
Excellent road connections:
A3 motorway: 3.2 km, 5 minutes.
Düsseldorf city center: 28 minutes.
Cologne city center: 32 minutes.
Düsseldorf Airport: 28 minutes.
Cologne/Bonn Airport: 26 minutes.
This apartment offers a quiet residential location with easy access to both metropolitan areas.