Off-market mixed-use commercial asset in Munich offering a highly attractive Core+/Value-Add investment opportunity. The property generates a stable in-place income of approx. 2.5M EUR p.a., combined with substantial upside through a clearly defined repositioning strategy. A significant share of the current vacancy (primarily office space) can be converted into a 155-unit boardinghouse, based on an already existing concept and prior operator engagement. This allows for an increase of total rental income to approx. 4.1M EUR p.a., positioning the asset at a highly attractive yield level in one of Germany’s strongest economic regions. The combination of secure cashflow, scalable value-add potential and institutional-grade location makes this a rare opportunity in the Munich market.