It is a modern hotel for sale on the outskirts of Frankfurt.
Description
The total area of the five-storey building is 2,500 m².
The plot of 1,900 m².
The property was built in 1998 and renovated in 2015. Excellent overall condition.
There are 72 rooms in total. High quality equipment, marble, fine wood.
There is a restaurant and eight conference rooms.
There is a parking for 9 cars and underground garage for 45 cars.
The hotel is fully leased out.
Absolute income is 306,600 €.
The current yield of 4.9%.
The tenant is well-known hotel chain.
The lease agreement is signed for 20 years.
Notary fee of 1,5%.
RE purchase tax of 5%.
The broker's fee of 5,95%.
The hotel is located not far from the Frankfurt Airport.
Shops, restaurants and the train station are in the immediate vicinity.
