It is a hotel in the federal state of Baden-Wurttemberg.
The hotel is a five-storey building with a total area of over 2,000 m².
The property has been built in 2007 and is in excellent condition at the moment.
The hotel has 150 rooms and 90 parking spaces, 61 of them in the underground garage.
The object is fully leased to a major German operating company. The contract was signed for 20 years with the possibility of prolongation for another 10 years (2x5).
Absolute income is 924,000 €.
The current yield of 5,8%.
The property is located in one of the largest cities in the state of Baden-Wurttemberg. Excellent infrastructure and developed economy make the region very attractive for business opportunities.