We would like to represent you a 3 * hotel in Stuttgart (Baden-Württemberg). The object was built in 2000 on a plot of 1 400 sq. M. Recently it has been modernized, as a result of which the rooms of the hotel and the conference hall have a new design, as well as new elevators have been installed. The hotel has its own parking for 50 cars, of which 35 are located in the underground parking.
The number of rooms consists of 90 rooms. The hotel has been successfully operating for many years. The contract with the operator can be concluded for a period of 20 years or the object can be acquired without an operator under its own management.
Total area - 3 300 sq. M.
Price - 9 100 000 euros
Rental income - 550,000 euros
Profitability - 6%
The hotel has a great location. Nearby is located several office buildings that provide a steady stream of customers. Also, the hotel has a great demand for weekend packages from tourists who come to Stuttgart to attend cultural events.
Nearby are public transport and motorway. It is also easy to get to the airport.
Stuttgart is a city in Germany, the administrative center of the state of Baden-Württemberg, one of the most important industrial centers of Germany, as well as an important cultural center. About 630 thousand people live in Stuttgart, the city ranks sixth in the country according to this indicator.
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Do not miss the opportunity to buy a three-star hotel in Stuttgart!