A property, formerly used for a manufacturing business, is being converted into two maisonette apartments over 4 floors in a central location in Bad-Wildbad. L8 Street seamlessly takes over the house as the main tenant for completion in June 2022. A fitted kitchen from L8 Street will be installed in each apartment at cost price.
The contract is secured by 2 months deposit and €1.000.000,- commercial liability insurance. The first employees of our corporate customers can already arrive by Juli 2022.
A real estate investment company from Mannheim increases the rental yield for properties rented to L8 Street by 10% per year without capital expenditure or other investments.
The company's properties are leased long-term to L8 Street pending a possible sale, with additional properties to be added incrementally.
Usual schedule for jointly developed projects
First contact and
coordination of the floor plans
construction phase
Start of the rental agreement
Lease offer with L8 Street & signature
Possible sale
of the object
