Apartment complex for sale

The site 

Frankfurt - most important banking and convention city in Germany!
For the first time, Frankfurt am Main recorded over 10 million overnight stays in 2018, the ninth overnight record in a row. Overall, over the past ten years from 2008 to 2018, 87 % growth in overnight stays has been recorded, with customer numbers growing by 77 % from 3.3 million to 5.9 million.
Frankfurt am Main demonstrably has an ever-growing appeal and benefits from the emphasis on soft image factors. The city is a popular tourist destination and major international conference and congress location. The tourism industry remains an important and booming economic factor for Frankfurt. This is particularly important in view of the difficult global security and economic policy framework and challenges that generally have a negative impact on the travel industry.

For further info please visit: www.frankfurt-tourismus.de

The object

This apartment building with over 140 residential units, an à-la-carte restaurant, a fitness room and an underground car park is located in the center of Frankfurt. The building with 6th floors was modernized in 2017. The micro apartments offer a higher standard.
The living space is around 2,439 square meters, the total area is over 3,260 square meters.
The pedestrian zone, the banking district, the trade fair, the Main promenade, the Museum Embankment, the historic old town and the main train station can be reached on foot or by local transport within a few minutes.

Your investment

The apartment complex with the fully equipped micro apartments can be leased to a German hotel chain for 20 years for an annual lease of EUR 1,788,000.- (binding declaration of intent exists) or operated yourself. As a guaranteed lease, the new owner receives a fixed return of 4.7 % p.a. (double net). The lease is guaranteed with a bank guarantee.

Please contact us.
We will be glad to mail full documentation to you!