Hotel and an office building, Frankfurt, Germany

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Hotel and an office building, Frankfurt, Germany

46,200,000 €
3,515 € /m²
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  • Total area
    13,140 m²
  • Yield
    5.4%
  • Built in 
    2017
Details
Property parameters
  • Land area: 7,360 m²
  • Total rooms: 234
  • Number of parking lots: 595
  • Hotel rating: 3
  • 7-floor building
Financial performance
  • Annual income: 2,495,600 €
Tenants
  • End of lease: 2037
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 4.0% + VAT

A complex of a three-star hotel, an office building and a parking.

Description

Area of the hotel is 4200 m².

The hotel room capacity: 234 rooms.

The hotel includes a reception, a restaurant, a bar and 4 conference rooms.

Area of the office building is 7,960 m².

Area of the parking is 3,160 m². The parking includes 595 lots.

Financial performance

Absolute annual income is 2,495,600 €.

The current yield of 5,4%.

Tenants

The property is rented.

The tenant of the hotel is the operator with a rating of trust BBB = safe for investors.

The lease agreements for the hotel and a parking are valid for 20 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

The broker's fee of 4%.

Location and nearby infrastructure

The property is located in a suburb of Frankfurt, шт 6 km from the Frankfurt International Airport. The population of the town is more than 10 thousand people.

The distance from the center of Frankfurt am Main is 17 km, and from Wiesbaden — 18 km.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Frankfurt am Main.

All ads in the country: hotels for sale in Germany.

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    Marina Filichkina,
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