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The Four-star Hotel In Darmstadt For Sale

Darmstadt, Hesse
Asking Price:
€31,000,000
Sales Revenue:
Available on request
Cash Flow:
€1,684,440

The hotel was built in 1991 and renovated in 2017, and received a completely new equipment! Category: 3/4 stars. Number of rooms-248, including suites. The hotel has a large conference room for events of all kinds, with a capacity of up to 300 people. The hotel bar serves drinks and snacks 24 hours a day. Underground Parking for 110 seats.
Darmstadt is a city in Germany, located in the southern part of the Federal state of Hesse. In 1997, Darmstadt received the official status of a science city. This business hotel and conference hotel is just a 5-minute walk from the Central train station.
The cost of the hotel is 31 000 000 euros. Commission fee-3 % of the cost of the object + VAT. The object is managed by a well-known management company. Rental period - up to 2037. Provided for the extension of the contract 2 times for 5 years. Net rental income: 1 year - 1 488 000 Euro, from the second year - 1 684 440 Euro. Indexing is provided. Yield-5.42% per annum. The payback period is 18 years and 4 months. The documents are ready to deal. Additional information is available upon request.

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