Milano 4* Hotel yield 6.5% with 165 + Keys and +

Milano 4* Hotel yield 6.5% with 165 + Keys and + 95+ appartement Italy's second largest city, The tenant is a well-known international management company,  most recent total renovation: 2017 in Italy.
Property parameters
<ul>
<li>Total rooms: 150+</li>
<li>Hotel rating: 4</li>
</ul>
Financial performance
<ul>
<li>Annual income: 1,300,000 €</li>
</ul>
Tenants
<ul>
<li>Fully let</li>
</ul>
4-star design-hotel.
Financial performance
Absolute annual income is 1,300,000 €.
Current yield: 6,5%
Tenants
The tenant is a well-known international management company.
Location and nearby infrastructure
Located in the business district of Sesto San Giovanni, 350 meters from Sestro Marelli Metro Station. The center of Milan can be reached in 20 minutes by metro.
Milan is the center of the Lombardy region, Italy's second largest city, the country's largest industrial, financial, commercial and transport hub, an important cultural center. The population of the city is more than 1.3 million people.
The city is famous for its museums, art galleries, theaters, monuments of architecture, educational institutions.
There are many financial and trading companies (Pirelli, Telecom Italia, Alfa Romeo) in Milan; industrial enterprises are located in the suburbs. The fashion houses and clothing industry companies (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada, etc.) are world famous and located in Milan.
We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.