400 Room Hotel for sale in Jerusalem

Information - Property #49-3542


XYZ Hotel Jerusalem is , and the second highest building in the city. It was built in 1973 and served as a hotel " Hilton Jerusalem."
- Luxury brand hotel chain Holiday Inn International .
Structure , which rises to a height of 95 meters and 21 floors, was until 2010 the tallest skyscraper in Jerusalem. He was replaced by tower one of the Holyland project . Due to its location in one of the highest areas of Jerusalem , near the central bus station in Jerusalem highest in nearly a hundred yards from the old city , is a Jerusalem landmark observations from a distance of tens of kilometers . The tower is sometimes used as an example that reinforces the argument rise construction in Jerusalem violates unique skyline of the city .
The tower was designed by architect Yaakov Rechter and Moshe Mizrahi and is located near the government complex in Givat Ram and International Convention Center . His hallmark is painted white and rainbow motif industrialized provided in all rooms on all fronts of the tower.
The hotel itself is considered one of the most prestigious in the city, and includes 396 rooms, three restaurants, a spa club , an indoor pool and a number of halls .

Asking Price :
=============
370 million Israeli Shekel ($105 Million) at a 7 percent yield (in this case the management company and the customer leaves should bring with it the management company )

Second option :
===============
$105 million by 8 percent return ! !
( In this case the management company 's contract remains 10 + 5 years options front property owners )

Details

Price:
$ 100,000,000
Type:
Commercial
Area:
Jerusalem
City:
Jerusalem
Neighborhood:
Center City
Size:
0 sq. meters
Floor:
21
View in map:
Center City Jerusalem
  • Air Conditioning:
  • Parking:
  • Safe Room:
  • Elevator:
  • Succah:
  • Storage:
  • Central Heating:
  • Furnished:
  • Renovated:
  • Garden:
  • Pool:
  • City view:
  • Exclusive Listing:
  • Balcony:

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