+44 20 3608 1267
Three-star hotel with retail units in Munich, yield of 5,5%

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Three-star hotel with retail units in Munich, yield of 5,5%

17,900,000 €
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Total area: 4,290 m² Yield: 5.5%
  • Absolute return: 991,320 €
  • Land area: 2,643 m²
  • Built in 2015
  • 4-floor building
  • Renter: 100%
  • Number of parking lots: 62
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%
  • Total rooms: 135
  • Hotel rating: 3
  • Shared parking
  • Internet
  • TV

It is a hotel in Eastern Munich.

Description

The total area of four-storey building of 4,290 m², of which:

  • hotel — 3,109 m²;
  • three commercial units — 1,181 m².

The plot of 2,643 m².

The hotel has 135 rooms in total.

The building was constructed in 2015 and now is in excellent condition.

There is parking for 10 vehicles and an underground garage for 52 vehicles.

All areas are leased out to four tenants.

Financial performance

Absolute income is 991,320 €.

The current yield of 5,5%.

Tenants

The anchor tenant is a hotel.

The lease agreement is signed for 20 years until 2035.

The other tenants are chain store, butcher's shop and bakery.

The lease agreements are signed for 15 years until 2030.

Location

The hotel is near the road and adjacent to the residential area.

Cafes, restaurants, public transportation and metro station are in the neighborhood.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Munich
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