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Businesses For Sale   >>   Germany Businesses For Sale

Construction Of The Hotel

Location  Germany
Asking Price Range  > $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Leased

Description  
Construction of the hotel, with a guaranteed income from renting in the city of Stuttgart. Construction 75% complete. The tallest building in the city centre. In addition to the amenities in the building include a business apartments and flats. Apartments and business apartments can be purchased together with the hotel, and separately. The highest standards of quality! Fantastic view of the city opens from the Windows of the building. Furnished apartments can be rented by the management company for a period of 10 years. Business apartments, ranging in size from 32 to 51 square meters, are located from the 6th to the 12th floor of a building and are designed for business and individuals looking for an alternative to hotel accommodation. The hotel is located in the centre of Stuttgart. Hotel - 41 000 000 euros. The rent from the operator ''Steigenberger'' is 2 520 000 euros per year. Profitability - 6.14 % per annum. Great investment! Additional information is available after the signing of the LOI by the potential purchaser.


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