ID: 1660
House

Hotel for sale Hesse, Germany

Portfolio with 4 hotels in Hesse. 6,8% Profitability

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€23,600,000
Portfolio with 4 hotels in Hesse. 6,8% Profitability

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Additional Information DESCRIPTION
We would like to offer you portfolio with four hotels in Hesse. 

At the moment, a lease agreements has been concluded with an international hotel chain for a period of 20 years.

The total area is 5500 sq. m.
Price - 23 600 000 euros
Rental income - 1 604 800 euro / year
Profitability - 6,8%
 
In connection with the protection of confidential data of the owner, more detailed information is available only on request.

Hesse is a land in the central part of Germany. The capital is Wiesbaden, and the largest city is Frankfurt am Main. The Land of Hessen is located in the heart of Germany and borders on the lands of North Rhine-Westphalia, Lower Saxony, Thuringia, Bavaria, Baden-Württemberg, Rhineland-Palatinate. The city of Rüsselsheim, where the headquarters of Opel is located, is responsible for the first-class auto industry, for its healing mineral springs - Wiesbaden and other resorts, the names of which feature the prefix "bad". Also in Hesse there are 7 universities in Germany.
 
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Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Hotel
  • Property Type: Secondary market
  • Location: Hesse, Germany
  • Total Area: 5500 sq m
  • Sale Price: €23,600,000

Financial Information

Price
€23,600,000
Guaranteed rent
Rent Income per year
€1604800
Rent Income per month
€133733
Profitability
6,8%
Payback
14,7 years
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO
FEATURES
Portfolio with 4 hotels with tenants in Germany for sale
Portfolio with 4 hotels with tenants in Hesse for sale
Commercial property with tenants in Hesse for sale
Commercial property with tenants in Germany for sale
Hotels with tenants in Germany for sale
Hotels with tenants in Hesse for sale

ATTRIBUTES

Total Area: 5500 sq m
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