Business & Conference Airport Hotel

Munich, Germany

Property Type: Hotel (New Building)

Location:Airport München (Schwaig, 4,5 KM distance to Terminal)

Rentable Area: ca. 4.778 sqm + extension

Area: ca. 3.498 sqm


Purchase Price: €9.750.000 + VAT Yield: €402.000,- net p.a. €693.000,- net p.a. after extension. Yield / Rendite: ca. 7,78 % Tenant: Well known Hotel chain

General Data
Location: Airport München (Schwaig, 4,5 KM distance to Terminal)
Usage: Modern Hotel im Landhausstil, Restaurant, 2 Bars, 2 conference rooms
Rentable Area: ca. 4.778 sqm + extension
Area: ca. 3.498 sqm
Year of Construction: 2001
Parking: 51 places + additional parking nearby
Rooms: 67 single and double rooms on three stories, every room equipped with Minibar, TV, Video, Telephone/ Fax as well WLAN- and Internet-conection. Extension with 38 rooms planned and approved, requested by current tenant and agreed by owner.
Tenant: Well known Hotel chain
Lease: 20 years, remaining lease15 years + an additional 2 x 5 year option
Yield: €402.000,- net p.a. €693.000,- net p.a. after extension.
Yield / Rendite: ca. 7,78 %
Multiplier: ca. 12,84
Purchase Price: €9.750.000 + VAT and all legal costs. Price includes extension.

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Further information available on receipt of LOI.