The total area of the property is 5,647 m².
The area of the hotel is 4,613 m². The area of commercial units is 1,030 m².
The hotel was renovated in 2013 and now is in a good condition.
The hotel consists of 113 apartments and 11 commercial premises. 50 one-room apartments have areas from 26 to 34 m², 63 two-room apartments have areas from 45 to 54 m².
The hotel includes a conference room, a wellnes area with sauna, a breakfast room, a bar, a restaurant, 48 underground parking spaces.
Absolute annual income is 541,772.5 €
The current yield of 5.0%.
The hotel is leased to an anchor tenant since May of 2014. The term of the agreement is 25 years with options.
20 parking spaces are rented to the hotel operator.
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5%.
Brokerage fee is 5.95%.
Location and nearby objects
The hotel is situated in the south-east of Leipzig, near a shopping center and a train station. The city centre is in 5 kilometres away, 10 minutes by car or 20 minutes by public transport. There is an entertainment park Belantis in 10 kilometers away, the Cospudener lake — in 5 kilometers.