ID: 1802
House

Hotel for sale Baden-Württemberg, Mannheim suburb, Germany

Hotel in the south of Germany in a suburb of Mannheim. Profitability 7.6%

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€7,750,000
Hotel in the south of Germany in a suburb of Mannheim. Profitability 7.6%

Enquire about this Property

Additional Information DESCRIPTION
Do not miss the opportunity to buy a hotel in the suburbs of Mannheim (Baden-Wurttemberg). The object was built in 1963 on a plot of 4,050 sq.m. Major repairs were carried out in 1993 and 2008.
 
At the moment, the hotel is leased to a large operator until 12/31/2025.
 
Price - 7 750 000 Euro
Area - 3 331 sq.m.
Rental income - 590,265 euros / year
Profitability - 7.62%
 
Mannheim is a city in Germany, the third (after Stuttgart and Karlsruhe), the largest city in the state of Baden-Württemberg, the center of the 2.5 millionth agglomeration “The Rhine-Neckar Triangle”. Mannheim is located in the northwest of the federal state of Baden-Württemberg, on the border with the lands of Rhineland-Palatinate and Hesse. The city is the center of the Rhine-Neckar region at the confluence of the Neckar River in the Rhine. Other major cities in this metropolitan area are Ludwigshafen and Heidelberg. Mannheim is located on the right bank of the Rhine and on both banks of the Neckar. On the opposite bank of the Rhine is the neighboring city of Ludwigshafen (federal state Rhineland-Palatinate), the city centers are connected by two bridges across the Rhine.
 
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Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Hotel
  • Property Type: Secondary market
  • Location: Mannheim suburb, Baden-Württemberg, Germany
  • Land Area: 4050 sq m
  • Total Area: 3331 sq m
  • Sale Price: €7,750,000

Financial Information

Price
€7,750,000
Guaranteed rent
Rent Income per year
€590265
Rent Income per month
€49188
Profitability
7,62%
Payback
13,1 years
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
Hotel with tenant in Mannheim suburb for sale
Hotel with tenant in Germany for sale
Hotel with tenant in Baden-Württemberg for sale
Commercial property with tenant in Baden-Württemberg for sale
Commercial property with tenant in Germany for sale

ATTRIBUTES

Land Area: 4050 sq m
Total Area: 3331 sq m
Year Built: 1963
Parking: yes
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