Three-storey 4-star hotel with seminar rooms and an underground parking, Norderstedt, Germany

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Three-storey 4-star hotel with seminar rooms and an underground parking, Norderstedt, Germany

12,300,000 €
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Total area: 5,580 m² Yield: 6.0% Built in 1992
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Features
  • Absolute return: 743,064 €
  • 3-floor building
  • Number of parking lots: 45
  • Broker: 6.0%
  • Total rooms: 122

The hotel with a total area of 5,580 m² includes 122 rooms and features a restaurant, a bar, a wellness area, an underground parking of 770 m², for 45 cars, and different seminar rooms, capacity of the biggest of which is up to 90 places. The complex of buildings was constructed in 1984 – 1992.

Advantages

Possibility of sale with or without lease contract.

Financial performance

Net yield is 743,064 euros per year.

Location and nearby objects

The property is located in Norderstedt, in the federal state of Schleswig-Holstein.

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