ID: 1706
House

Hotel for sale Hesse, Frankfurt suburb, Germany

Hotel in Frankfurt upon Main

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€19,700,000
Hotel in Frankfurt upon Main

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Additional Information DESCRIPTION
Do not miss the opportunity to buy a 3 star hotel in the suburb of Frankfurt upon Main, in the city of Offenbach upon Main (land - Hesse). Recently, a major overhaul of the building was carried out, the object is in excellent condition.
 
The hotel has 186 rooms.
 
The lease agreement is concluded for 30 years with a well-known European operator.
 
Total area - 6 500 sq. m.
Price - 19,700,000 euros
Rental income - 937 440 euro / year
Profitability - 4.76%
 
Offenbach upon Main is a city in Germany, in the state of Hesse. The population is about 118 thousand people. Today Offenbach am Main is known as an important service center for the Rhine-Main region, and also has a design institute. The city of Frankfurt upon Main, bordering Offenbach, is one of nine centers in terms of area and population of the federal state of Hesse.
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
 
Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Hotel
  • Property Type: Secondary market
  • Location: Frankfurt suburb, Hesse, Germany
  • Total Area: 6500 sq m
  • Sale Price: €19,700,000

Financial Information

Price
€19,700,000
Guaranteed rent
Rent Income per year
€937440
Rent Income per month
€78120
Profitability
4,76%
Payback
21 year
Installment
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
Commercial property with tenant in Frankfurt suburb for sale
Commercial property with tenant in Germany for sale
Hotel with tenant in Frankfurt suburb for sale
Hotel with tenant in Germany for sale
Hotel with tenant in Hesse for sale

ATTRIBUTES

Rooms: 186
Total Area: 6500 sq m
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