München / London (IT BOLTWISE) – Real estate consulting firm BOSSELER & ABEKING has successfully brokered a multi-family house in Munich. The property, located near the U2 Josephsburg subway station in the Berg am Laim district, comprises 16 residential units and an equal number of underground parking spaces. This transaction highlights a trend towards shorter marketing times for multi-family homes in B-locations with clear value creation potential.
BOSSELER & ABEKING Demonstrates Expertise in Munich
In Munich, BOSSELER & ABEKING has once again demonstrated its expertise by successfully brokering a multi-family house. The property, built in 1984, is within walking distance of the U2 Josephsburg subway station in the Berg am Laim district. With 16 compact residential units and an equal number of underground parking spaces, the property offers an attractive investment opportunity.
Property Details and Investment Appeal
The property is already divided in the land register according to the German Condominium Act (WEG), which facilitates sales to different owners. Situated on a 1,269 square meter plot, the building offers a usable area of 1,031 square meters. Notably, there is no commercial component, and the house is not located within a conservation area, further enhancing its attractiveness for investors.
Transaction Details and Market Trends
Both the buyers and sellers of the property were private individuals from BOSSELER & ABEKING’s client base. The notarization of the transaction took place at the end of November, with the transfer of ownership agreed for the turn of the year. Philip Eilmer, a member of the management board at BOSSELER & ABEKING, emphasizes that marketing times in the segment of multi-family homes in B-locations with clear value creation potential are currently shortening.
Market Outlook and Future Expectations
Andreas Köhler, managing partner at BOSSELER & ABEKING, adds that in addition to the consistently strong demand for value-add properties, capital with a core profile is also returning to seek traditional prime locations. In the coming months, the company expects more high-priced transactions with a buy-and-hold approach and high equity deployment in very good locations.
Source: https://www.it-boltwise.de/muenchner-wohnobjekt-bosseler-abeking-vermittelt-erfolgreich.html
