Hotel for self-management in the center of Essen.
Description
The hotel room capacity: 60 rooms
There is a parking for 25 cars on the plot.
There is an elevator in the building.
The hotel was built in 1958.
The major repairs will be completed by mid-2018.
Absolute annual income is 323,680 €.
The current yield of 6.8%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
The hotel is located in the city center, in 500 meters from the central railway station.