+44 20 3608 1267
Hotel – Frankfurt am Main, Hessen, Germany

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Hotel – Frankfurt am Main, Hessen, Germany

6,300,000 €
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Total area: 2,500 m² Yield: 4.8%
  • Absolute return: 306,600 €
  • Land area: 1,900 m²
  • Built in 1998
  • 5-floor building
  • Renter: 100%
  • Number of parking lots: 54
  • Most recent total renovation: 2015
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 72
  • Hotel rating: 4
  • Shared parking
  • Internet
  • TV

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.

Financial performance

Absolute income is 306,600 €.

The current yield of 4,8%.

Tenants

The tenant is well-known hotel chain.

The lease agreement is signed for 20 years.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location

The hotel is located not far from the Frankfurt Airport.

Shops, restaurants and the train station are in the immediate vicinity.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Frankfurt am Main
+44 20 3608 1267
Free advice on real estate in Frankfurt am Main
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