Hotel in Munich/Bavaria for sale

Hotel / office building

Munich Hotel and Office Building with Retail Spaces H

Plot Size: 2.279 m²

Building: Construction in 1961, expansion 1987

Floor Space: Hotel 6.728 m² Retail 4.593 m² Office 2.083 m²

Total 13.404 m²

Rental Income 2008: approx. 2.534.880 €p.a. (forecast)

Brand name tenants:

Hotel tenant (6.728 m²); lease contract until 15.03.2016

Commercial tenant (1.781 m²)

Commercial tenant (1.463 m²)

Purchase Price 42.200.000 €

Yield: approx. 6% (factor of 16,5)