Ladies and Gentlemen,
There is a building in Frankfurt am Main, where i managed to convince the owners that we can turn it into a hostel. In the city, the minimum price per night for a bed is 17 euro.
In the center of Frankfurt.
540 sq. meters., its possible to rent half of it if wanted
13 500 euro per month, 6500 for half of the property.
3 times montly payment in advance as deposit for the owner
3 times montly payment in advance as a fee for the intermediary agency
There should be installed new walls and new toilets and bathrooms. I can bring the construction workers, organize and pay for that.
4. My money investment into it is 23 thousand euro.
5. Photos are attached.
6. Looking for people who want to join this joint venture. Pm if interested.