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ID> 621

4 star Business Hotel Frankfurt for sale Asking price 5,5M Euros



Object Data

Description

90 rooms, 15 year operator contract

4 Star Business class Hotel Frankfurt 90 rooms, + planning permission for 35 room extension Z

Rooms: 90

Floor space: 7.300 m²

Asking price per m²: 753 €

Built: 1992 and completely renovated in 2006

Plot size: 2.600 m² Lease rent p.a.: 419.040 €

Planning permission for further 35 room extension.

Expected optimised rental income after completion 582,000 €p.a.

(Operator contract – 15 years)

Asking price 5,500,000 €

Yield: 7,62 %


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