709180 | Frankfurt 3* Hotel 5 minutes from Messe ROI 5+% 1

Frankfurt 3* Hotel 5 minutes from Messe ROI 5+%  110+ rooms, All rooms are stylish and modern including air conditioning and minibar There is the possibility of an extension of 50 rooms in another building. In this context could additional parking spaces are also created in an underground car park in Germany.

Hotels for city travelers and business customers who want a

looking for comfortable and attractively priced accommodation

Solid expansion since foundation in 2006; meanwhile 18

Hotels and 2 residences at 9 locations in Germany, the Netherlands and Switzerland

Concept: central locations, individual design each

Hotels, focus on personal service

Excellent market know-how in Frankfurt (already 9 other hotels and 2 apartment residences in the city)

A total of approx. 1,200 rooms, 180 employees, 77% average occupancy

Plot and location

Lease agreement and rental space

Purchase price expectation and transaction structure

Area: 2,944 m²

Good hotel location

3-5 minutes travel time to Messe Frankfurt

7-9min travel time to the main train station

Two adjacent 3 * hotels with a total of 110+ rooms

Average occupancy rate of around 80% over the past four years

Hotel building 1: 34 rooms, built in 1962, major renovation in 2013, good to very good condition

Hotel building 2: 77 rooms, built in 1952, complete renovation in 2014, good to very good condition

Infrastructure includes reception / lobby, bar, bright breakfast room, two conference rooms (up to 50 people), 24 parking spaces directly in front the hotel

All rooms are stylish and modern including air conditioning and minibar

Expansion potential

There is the possibility of an extension of 50 rooms in another building. In this context could additional parking spaces are also created in an underground car park.

Rental area: 2,944m²

Rental income in the amount of 850,000.00 euros p.a. (Hotel 1: 300,000.00 euros; Hotel 2: 550,000.00 euros)

Tenant:

Newly concluded lease agreement with a term until 2044 + 5 year extension option (index 5/75)

All ancillary, maintenance and operating costs as well as the property tax lie with the tenant

Share or asset deal possible as a structure (share deal preferred)

Share deal

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.