Chemnitz portfolio shows strong growth

MCM Investor Management AG has been awarded the contract for three attractive properties in Saxony’s third-largest city. The very liveable industrial and technology metropolis is confident about the future: Urban development concepts are attracting investors and workers and thus also new residents.

One of the finest addresses in Chemnitz is the Lutherviertel neighbourhood. This is the location of the multi-family building Mühlgasse 3, with 14 residential units on an area of 841.56 sqm. Constructed back in 1910, the listed building presents itself in the reform architecture typical of its construction period.

Weststrasse 57 is also a listed building, as well as an excellent location, because the residential and commercial building with 8 flats and 2 offices is located in the middle of the district of Kaßberg, a closed heritage area near the city centre.

The third property, the well-kept multi-family building Mühlgasse 3, includes 9 flats on 3 floors. It is also impressively located amidst the greenery of Schönau, one of the most popular residential areas in Chemnitz. The building was constructed in the 1940s and today tenants and passers-by alike can admire its comprehensively restored appearance.