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Retirement Home Complex near Berlin For Sale by Auction in Court

 

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Property Berlin Retirement Home Complex
Erlenweg 1-8
DE 12529 Schönefeld, Sub-Area Großziethen


 Deutsch
Kind of Real Estate Housing Complex, Senior Residence
Year of Construction around 1996/97
Total Land Area approx. 13,965 sqm / 3.45 acres (22 parcels of land)
Construction Solid
Houses 8
Apartment Units at present ~ 141
Vacancy ~ 1.8%
Residential Space approx. 6,664 sqm / 71,705 sq. ft.
Commercial approx.    287 sqm / 3,088 sq. ft. (dining room, café, doctor etc.)
Effective Area approx. 6,951 sqm / 74,793 sq. ft.
Common Areas approx. 2,023 sqm / 21,768 sq. ft. (hallways, staircases, boiler rooms etc.)
Total Floor Space approx. 8,974 sqm / 96,560 sq. ft.
Current Business Contract for services
Annual Net Rent approx. EUR 678,915 incl. car spaces, excl. utilities (as of Jan 1, 2012)
Minimum Auction Price from EUR 6,100,000
Price per sqm from EUR 878 (effective area)
Market Value set by Court EUR 6,880,000
Auction in Court Pending, probably in Q2/3 2011
Additional Pictures Selection of photographs including interior pictures on request.
 Visual Impressions
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 Property Location
 Further Details
Location Großziethen is located in the state of Brandenburg, county Dahme-Spreewald, directly at the southern Berlin border. In 2003 the place merged with the municipality of Schönefeld, populated of about 13,100 residents. Over the last 10 years a lot of people moved to Großziethen. The number of inhabitants increased from less than 5,000 to more than 7,200 since (last figure as of 2010). The locality surely benefits from the close distance to the Berlin sub-sections Lichtenrade, Buckow and Rudow. It's not that far from the airport, but of no effect at all!

There are shopping and medical facilities, schools and children's daycare, sports grounds as well as several service suppliers around.

Next bus stop is just a few steps from the property. The route leads to the shopping area of Gropiuspassagen in Berlin-Buckow, where you also can access the U7 subway. Berlin A 10 ring road is about 10 km to the south. The city center of Berlin is about 17 km distant.
General Description The housing complex for the elderly was built in 1996/97 and sits on a large land area of round about 14,000 sqm or 3,45 acres. All supply connections are available. The estate comprises 8 detached solid houses. The outdoor spaces were generously arranged. There are 2 driveways to get on the site, drop curbstones, car spaces for residents and visitors as well as some greenery. The neighborhood is qualified to be a General Residential Area.

After joining some bed-sitters the total number of units at present is about 141, studio to one-bedroom apartments of about 30 to 60 sqm in size. The current occupancy rate is round about 98.2% (as of Jan 2012). Besides the accommodations of the elderly there are also a central reception area, a 40-seat café, a 140-seat dining hall, kitchen, library, gymnastics room, several common and outpatient care rooms as well as a staff flat.
Details and Features Including built-out loft spaces all houses have 3 stories. There are 6 U-shaped buildings and 2 oblongness houses including common areas. About 2/3 of each concrete building has a basement and they all have thermal insulated facade. Each house comes with cellar-to-top elevator, gas central heating and hot-water system, door opener and voice intercom. All interior and exterior pathways suit the elderlies and wheelchair users.

All residential units benefit from balcony or terrace. Further features are PVC insulated windows, wooden roof-top windows, roll-in shower baths with hand-holds, 2-cooking plate kitchenette with refrigerator and sink, mainly wood-design linoleum floors, partially carpet floors, light switches and power points in contrasting color, phone and TV-cable connection. In case of need there is also an optional emergency call system available.

In the basement are boiler, electrics, elevator and storage rooms as well as common laundry and drying rooms.
Miscellaneous The non-binding offer is subject to confirmation and free of commission for the purchaser/bidder.

We act in written authorization of the representative of the creditor. Details based on statements of the judicial appraisal report. We can't assure their accuracy and/or their completeness. Errors in detail and transmission as well as mistranslations reserved.
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