Residential property with development potential | Bärenstrasse Oberburg
Localisation
Bärenstrasse 14, 3414 OberburgCharacteristics
Number of parkings
Description
The residential property at Bärenstrasse 14 in Oberburg comprises six residential units, consisting of three 3.5-room apartments and three 4.5-room apartments.
The units have functional, well-rentable layouts with balcony, cellar storage, bathroom and separate guest WC.
The property is offered as a yield-generating investment.
The majority of the apartments are rented and form a stable income base.
An existing vacancy allows for direct entry into a phased renovation and optimization strategy, without affecting any ongoing rental agreements.
Over the past years, ongoing value-preserving investments have been made. The property is generally in a well-maintained condition.
Storage space for cars is not included in the purchase price and can be optionally purchased separately for CHF 30,000 per unit .
If you are interested in purchasing the property, further property-specific documents will be gladly provided.
At this stage of the decision-making process, these documents are not part of the dossier.
ECKDATA
Insured value: CHF 2,014,400
Plot number: 823
Annual rental income target: CHF 79,968 p.a.
Annual rental income actual: CHF 68,148 p.a.
Current vacancy: CHF 11,820 p.a.
Vacancy rate: 14.8 %
Purchase price without EHP: CHF 2,300,000
Gross yield: 3.48 %
Including 6 EHP
Purchase price: CHF 2’480’000
Net yield: 3.47 %
Calculation based on the current yield situation before deduction of technical depreciation.
Renovations
2008
• Window renovation
• Renewal of heat generation
• Insulation of the ceiling in the basement
2015
• Facade cladding
• Roof renovation
• Renewal of drainage pipes
• Installation of sun blinds
• Installation of roller shutters / louvered shutters
2020 / 2021
• Renovation of the cellar
• Renovation of the bathrooms
• Renovation of the kitchen in one apartment
LOCATION AND SURROUNDINGS
Oberburg (Bern canton) is located south of Burgdorf in the Emmental.
The site has a good public transport connection
with S-Bahn and bus services towards Burgdorf, Thun and the regional center.
The infrastructure for daily needs, education and recreational areas
are within short distance and make the location attractive for both tenants and
long-term investors.
SPECIAL FEATURES
• Continuous yield basis with additional optimization potential
• Existing vacancy enables phased renovation strategy
• Maintenance of value over several years
• Garage spaces available for separate purchase
SALE TYPE
The property is offered as a direct sale .
Viewing appointments are held in groups and will be announced in due course.
In the event of high demand, the owner reserves the right to
choose the highest bid .
Conveniences
Neighbourhood
- Village
- Green
- Shopping street
- Bank
- Post office
- Restaurant(s)
- Railway station
- Bus stop
- Child-friendly
- Playground
- Primary school
- Secondary school
- Near a golf course
Outside conveniences
- Balcony/ies
- Parking
- From road
- Built on even grounds
Inside conveniences
- Without elevator
- Garage
- Cellar
- Natural light
Equipment
- Laundry