Lippstadt, Graf-Adolf-Straße 31-45
Sale of apartment building
The property represents a three-storey multi-dwelling unit that was built in 1970. The housing estate sits on an 8,144 sqm plot and consists of 57 residential units with a combined dwelling floor area of 4,603 sqm. The individual flats have 2-4 bedrooms and range from 42 sqm to 96 sqm of dwelling floor area in size. Each flat comes with a generously proportioned balcony.
Many flats have already been renovated in recent years. In addition, the entire building has been restored to a visually and technically flawless condition through continuous maintenance works. In 2014, a modern pellet-burning central heating system was installed that supplies all residential units.
The housing estate also includes 48 surface parking spots plus two garages that are located on the grounds.
Location and Infrastructure
With its population of nearly 70,000 residents, Lippstadt is the largest city in the district of Soest, and thus a city of major economic significance for the region. The trends in demographics and purchasing power have been positive for several years, and continue to point upward. Yet Lippstadt is attractive not only to its own inhabitants, but also appeals to holidaymakers and visitors with its medieval churches, historic town centre, and many other sights.
Local recreation and leisure options in Lippstadt include the meadows along the banks of the River Lippe and the parklands of Grüner Winkel.
The subject property is also well connected to the public transportation network. Bus stops frequented by several lines are located within walking distance. Motorists benefit from convenient access to the A44 and A2 motorways via the B55 federal route. The city’s infrastructure is supplemented by the nearby Paderborn-Lippstadt airport and great railway service connections.