It is a hotel investment in the east of Munich. Description
The total building area of 2,870 m².
The plot of 5,008 m².
The hotel has 60 single rooms and 19 double rooms. It also features two conference rooms and a fitness center.
There is a restaurant on the ground floor and a garden next to the building.
There is also an underground garage for 67 cars.
The hotel is fully leased out. The agreement is signed for 20 years.
Absolute income is 480,000 €.
The current yield of 4,4%.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 7,14%.
There is a metro station and highways intersectiom in walking distance.