54Total Score
Risk / Price Deal

Assessment: No "Buy & Hold" Core Deal

This asset is rated as Yellow. It is not a self-runner due to the high factor (22.9x) and unclear technical state (Oil heating, no energy cert). Only interesting as a Value-Add strategy or if the purchase price is negotiated significantly below the appraisal value.

Location & Demand

7 / 10
+Cologne Location
+Excellent public transport
-C-Location (Kalk)

Micro-Location

6 / 10
+High visibility
-Noise emissions
-Residential quality limited

Income (Current)

6 / 10
+Fully rented
~Rents not high

Yield & Factor

4 / 10
Gross Yield: ~4.37%
!Factor: ~22.9
!Pricing assumes Core-Plus

Land Value & Substance

7 / 10
+BORIS: 1.180 €/m²
+Plot Value: ~305.620 €
+Solid value retention

Condition & Tech

5 / 10
Year 1962
!Heating (Oil) = Risk

Energy & ESG

3 / 10
Energy certificate missing
Oil Heating
Unknown efficiency class