Waldstraße 56

Built in 1955, the apartment building at Waldstraße 56 is located in the Inner City West district, one of the most sought-after residential areas in Karlsruhe. The property is situated in the immediate vicinity of Kaiserstraße, the city’s main shopping thoroughfare, and is served by several tram lines. The University of Karlsruhe and the Municipal Hospital are just a few minutes away. Since its acquisition by the Koehler Group, unused storage space on the ground floor has been converted into two new residential units following the issuance of a building permit in 2022. The annual net rent (excluding utilities) has increased significantly. The property is fully leased.