Spacious hotel in one of the largest cities of Germany.
Floor space is 6,049 sq. m.
Land plot area is 4,321 sq. m.
The hotel is leased out to a single tenant.
168 hotel suits are made in modern style with heated floor in bathrooms, Smart-TV, safe deposit box, smart-keyes.
Absolute income is 1,358,160 €.
The current yield of 5,1%.
The tenant of hotel is the fast-growing hotel chain.
Rented area is 6,049 sq. m., the lease agreement is signed for 25 years with extension options.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 4,76%.
Hotel situated in district with extended infrastructure, in 10 minutes drive to city centre and 40 drive minutes to airport. Community amenities are in close proximity to the property, including restaurants and shooping malls.