Three-star hotel.
Description
The total area of the building is 1,958 m²
The hotel room capacity: 48 rooms.
The hotel includes a restaurant and a meeting room.
The building was built in 2008.
Financial performance
Absolute annual income is 302,500 €.
The current yield of 6.2%.
Tenants
The tenant of the building is a hotel operator.
The lease agreement is valid through 2026 and includes extension options for 4x5 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The broker's fee of 4%.
Location
The hotel is located in the suburb of Munich. There are a cafe, a supermarket, public transport stops and a railway station situated in proximity from the building.
