Heating water for 120 apartments directly using a 250 kW heat exchanger raises concerns about safety and efficiency without a storage tank. The system would require careful management of flow rates and temperature control to prevent scalding, particularly during low demand periods. A master mixing valve is essential to regulate the output temperature to a safe level, ideally around 55-60 degrees Celsius. Calculations indicate that peak demand could reach approximately 1,000,000 BTU/h, suggesting that while the 250 kW rating may suffice, actual performance will depend on specific conditions. Overall, designing a domestic hot water system without accumulation is risky and not recommended.