10 rooms with guaranteed profitability in a four-star hotel.
The area of a room is 24.31 m².
The hotel room capacity: 126 rooms (252 couchettes).
The hotel includes 7 conference halls, a restaurant, a bar, a lounge and a wellness with a sauna.
The building was completely renovated in 2016.
Absolute annual income is 42,941 €.
The current yield of 3.9%.
The tenant is the hotel chain.
The lease agreement is valid through 2036 and includes extension options for 2x5 years.
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5%.
The cost of ownership
Deposit for safekeeping — 1,458.6 €.
Contribution to management — 3,600 €.
Location and nearby infrastructure
Erlangen is an industrial city of Bavaria with a high purchasing power of the population. The multifunctional center Siemens and the University of Nuremberg-Erlangen are situated not far from the hotel. The central office of Puma Adidas and Nuremberg Airport are located in a few minutes drive from the building.