The lease area - 2 000 sq.m. Three floors plus basement. The building has 44 rooms + 10 rooms in the new building. 27 parking spaces in the underground garage + 10 parking spaces in front of the hotel. Land area - 3075 sq.m. Located 20 kilometers from Munich, Olching city center. Olching - the town in Bavaria. Reports to the administrative district of Upper Bavaria. Included in the area Fyurstenfeldbrukk. The population is 25 081 people (as at 31 December 2010). Hotel Price - 5.6 million euros. The commission - 4.76% of the purchase price (including tax). Annual revenue - 350 000 euros (the average cost of rooms - 540 euros). Margin - 6.25% per annum. Payback period - 16 years. The lease contract is concluded for 20 years + extension option for another 20 years, at the conclusion of the contract of sale. The famous tenant, having more than 700 properties in Munich. At the moment the object is put in the two-year public institutions and used as a hotel. The documents are ready to deal. Additional information is available upon request.
Asking Price $5,905,334
Sales Between $5,272,620 and $10,545,240
Profit Available On Request
Converted From EUR
Exchange Rate $1.05
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