The hotel has 6 floors and underground parking for 41 seats in the car.The facility is located in the south of Munich, in the famous district of Thalkirchen-Obersendling, famous for its zoo and adjacent to the popular area of Solln. For several years, property prices in the area are increasing. The reason is obvious: huge recreational value, excellent transport accessibility to the city center by public transport and car, as well as being in close proximity to areas of Solln and Starnberg. Known suburban recreation area Isarauen is a few meters away from the beaches of the Isar can be reached by bike in just 10 minutes. Here, a modern business center with tenants recently opened widely known companies, stylish built houses in Obersendling. Well-developed infrastructure around the future of this property was within walking distance are the new supermarkets, health clubs, doctors' offices, pubs, making it a very attractive part of Obersendling. By mid-ring and the motorway A8 and A95 and A96 you can quickly reach the center of Munich. The city train (S-Bahn) Siemenswerke runs approximately every 2 minutes, Obersendling U3 metro trains arrive approximately every 5 minutes.Perhaps as the acquisition of land, construction of the hotel project and a resolution on the rent and the cost of 8 500 000 euros + commission - 3.57% of the purchase price, including VAT, and the finished hotel, with an approximate cost of 20-24 000 000 Euros + commission - 3.57 % of the purchase price, including VAT. There is a well-known management company-tenant, the current agreement, which manages 20 hotels and actively growing. Rental income: 1,143,000 - 1,323,000 euros per year. Profitability - 5,5% per annum. Payback period - 18 years and 4 months. The documents are ready to deal. Additional information is available on the fact of a potential buyer LOI and confirmation of availability of capital needed for the transaction.
Asking Price $25,481,520
Sales Between $26,543,250 and $53,086,500
Profit Available On Request
Converted From EUR
Exchange Rate $1.06
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