Four star hotel with two restaurants in Frankfurt

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Four star hotel with two restaurants in Frankfurt

37,500,000 €
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Total area: 15,380 m² Yield: 6.7% Built in 1972
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Features
  • Operating Incomе: 2,500,000 €
  • Land area: 22,800 m²
  • 9-floor building
  • Number of parking lots: 250
  • Most recent total renovation: 2015
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.6%
  • Total rooms: 282
  • Hotel rating: 4
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It is a hotel for sale on the outskirts of Frankfurt.

Description

Total area of the nine-storey building is 15,380 m².

The plot of 22,800 m².

The property was built in 1972 and renovated in 2015. Excellent overall condition.

The hotel has 282 rooms.

There are also two restaurants, bar and spa.

There is parking for 250 cars.

Financial performance

Absolute income is no less than 2,500,000 €.

The current yield of 6,7%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 3,57%.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services