The total area of about 4331 sq.m. 149 rooms. The bright rooms are equipped with flat-screen TV and broadband internet access. Each has a private bathroom. Free Wi-Fi. The last repairs were made in 2009. SPA-center with sauna, steam bath and fitness room, sun terrace. Restaurant with international cuisine. 49 parking spaces in the underground garage and 20 - on the street.
The hotel is located in the south-west of Munich, in a quiet, green area. 2 minute walk to the subway, a 15-minute drive from Munich city center.
Hotel cost 21 million euros. The commission - 5% of the purchase price + VAT. The hotel is managed by the well-known hotel chain, which has to manage more than 30 hotels in Germany. Lease agreement signed until 2029, plus 5 years - extending the option. The operator would like to extend the contract until 2039. Rental income: 1.086 million euros per year. The documents are ready to deal. Additional information is available upon signing a potential buyer NDA and LOI.
Asking Price $22,590,981
Sales Between $26,894,025 and $53,788,050
Profit Available On Request
Converted From EUR
Exchange Rate $1.08
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