A three-star hotel.
Description
The hotel room capacity: 56 rooms.
The hotel includes a restaurant, a bar, a terrace and a garden. There is an elevator in the building.
The hotel has an underground garage for 25 cars and a ground parking for 6 cars.
The building was built in 1986.
Financial performance
Absolute annual income is 330,000 €.
The current yield of 6.7%.
Tenants
The hotel is rented.
The lease agreement is valid for 15 years and includes extension options for 2x5 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 a 20-minute drive from the center of Munich. A popular golf club is situated not far from the building.
