It is a four-storey hotel investment in Wiesbaden.
Description
The total area of 1,820 m².
The plot of 938 m².
The hotel was constructed in 1992 and now is in good overall condition.
There are 55 rooms, one of them is suite.
The hotel has a spacious conference salon, bar and terrace.
There is an underground garage for 21 cars.
Financial performance
The hotel income is 200,000 €.
The current yield of 6,4%.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 5%.
The broker's fee of 5,95%.
Location
Wiesbaden is one of the oldest spa towns in Europe.
The nearest airport is within 15 km distance in Frankfurt.
