A 4-star hotel in the suburbs of Frankfurt.
Total area of the building is 5,927 m².
The hotel room capacity: 92 rooms.
Parking is ensured for 106 cars.
The hotel includes 9 conference halls, a lounge terrace, a bar, a restaurant, a wellness room with a sauna, a solarium.
The building was built in 1997.
The hotel was equipped in accordance with the new requirements for the fire safety in 2014 and 2015.
There is a possibility to sell the property without the previous tenant by the price of 13,000,000 €.
Absolute annual income is 546,120 €.
The current yield of 4.6%.
Projected annual income is 603,240 €.
The projected yield of 5.0%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.0%.
The brokerage fee is 3% + 19% VAT (in total 3.57%).
Location and nearby infrastructure
The hotel is located in a town with a population of more than 30 thousand people, in 10 km from the center of Frankfurt.
The metro station is situated in a 15-minute walk from the property, the bus stop is in front of the building. There is an exit to the motorway nearby.