It is a hostel for refugees in one of the towns in South-Western Bavaria with a population of less than 5,000 people. Description
The total area of the building is 2,700 m².
The plot of 2,603 m².
The property was build and refurnished into residential property.
There are also two cellular antennas on the plot.
Absolute income is 438,000 €.
The current yield of 8%.
The anchor tenant is a management operator.
The lease agreement is signed for a period from 2017 to 2027.
Cellular towers rent the land owned by the hostel, the lease agreements is valid until 2029.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 7,14%.
Additional information on request.