Hotel four stars, in Hamburg. - Hotels for Sale, Real Estate - Number of Bedrooms: 15+, Number of Bathrooms: 15+ - Hamburg, Hamburg, Germany

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Hotel four stars, in Hamburg.
Date & Time Listed: 2015-12-27 09:32:37 (GMT)

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Germany, Hamburg, Hamburg

Ad Details:

The building was constructed in 1960 and was used as an office center. In 1999 it was converted into a hotel. Since 2012, the hotel began active work and is in very good condition. The hotel 107 rooms, decorated in an elegant, modern style.
The hotel is conveniently located outside the busy city centre but has good transport links.
Project cost - 12 700 000 Euro. The average hotel occupancy rate of about 95 % for the year. The hotel rented out. Annual fixed rent - 714 000 € (assuming an added bonus). The annual turnover - about 2 500 000 Euro. The margin is 5.95 % per annum. The payback period is 17 years and 5 months. ARR – average room rate per night - 64 EUR. The price is 116,82 euros. The rent per room per month - 556 euros. Documents ready to deal. Additional information is available upon request.

Other Details:

Number of Bedrooms: 15+
Number of Bathrooms: 15+

Price: 12,700,000.00 EUR

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Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+ Posted From: Germany, Hamburg, Hamburg

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Germany, Hamburg, Hamburg