It is a hotel for sale just 30 minutes from Munich.
The three-story building was constructed in 1991.
The hotel has 170 rooms, 12 meeting rooms. There is a restaurant, bar and spa.
There is a parking for 65 cars and underground garage for 70 cars.
The property is fully leased out to the hotel chain.
Absolute income is 1,116,000 €.
The current yield of 6,2%.
Tenant is a hotel chain with more than 100 hotels in operation.
The new lease agreement is signed for 20 years with extension options for 2x5 years.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 4,76%.