Lehderstraße 4

The Building

Lehderstraße 4, Apartments for Sale in Berlin 

• Central location near beautiful Weissensee Park with its famous lake.
• Just a few minutes walk from trendy Prenzlauer Berg neighborhood.
• Quite street with easy access to public transportation and shopping venues.
• Prices significantly lower than the neighborhood average.
• Complete investment management by Inspiration Group.

The property

Lehderstraße 4 is a classic Altbau property constructed in 1910, with 15 apartments and 3 commercial units. The back building has been recently renovated, and the front building will undergo additional renovations by Inspiration following the acquisition of the property. Modern heating units are installed in the front building, and a central heating system in the back wing.

The Building’s image gallery:

The Area

The property is located on the seam zone between Prenzlauer Berg and Weissensee in central Berlin. Weissensee is renowned for beautiful Weissensee lake and the high level of it’s public education system. The sharp increase in property prices in Prenzlauer Berg, combined with its convenient location are attracting a large number of upper middle class resident to the neighborhood.

The property enjoys excellent public transportation links:

• 12 minutes to Alexander Platz.
• 6 minutes to the trendy cultural area between Mitte and Prenzlauer Berg.

Prenzlauer Berg’s shopping center with a Kaiser and Media Mart is located just 300 meters from the building.

The Apartments

There are 16 studio, 1-2 bedroom apartments in the property, 4 of which are unique duplex apartments. There are also 2 commercial units in the property. There is one vacant apartment in the back wing, which will be renovated.

To view the floor plans click here

The Apartments’s image gallery:

Click here to download the Expose

Click here to view the area Map

Property Management

In Inspiration Group we believe that purchasing the property is only the first step in the investment. Managing it successfully and optimizing yields, independent of market conditions, is what determines the overall performance of the investment.

For this reason we offer our investors a complete management package, and have founded our own maintenance company:

We directly manage the apartments and the building, collecting from the tenants rent and taxes, and perform regular maintenance of the property.

• Supervision over the apartments and tenants.
• Locating new tenants in case of termination of lease. We will ensure the the quality of the tenants and the new lease.
• Raising of rents in accordance to legal regulations.
• Analysis of market trends, consulting investors concerning resale opportunities and strategies.
• Vacating of tenants in accordance regulations.
• Renovation of apartments.
• Marketing and reselling.
• Refinance services.

Financing

An initial payment of 20% of the purchase price will be deposited into a notary account within a week of signing the contract. The Additional 80% will be deposited in the account after the sale of all apartments, following a notice from Inspiration Group. In the case of taking a loan, the 2^nd deposit will determined according to the sum of the loan taken.

Loans

It is possible to receive a 40%-50% loan from a German bank. Our investment consultants will assist you in choosing the most suitable loan.

Additional Services

We have created a one stop management package for our investors which includes: re-renting apartments, brokaerage services, supervision of refurbishments, opening bank accounts, submitting tax returns, etc.