Updated Dec 19, 2023
BARNES Miami Acquires Mixed-Use Property In Courchevel For $30.8M
Courchevel, France
$28,000,000
$2,153/SF
Building Size
13,000 SF
Asset Type
Mixed-use
Closing
May 2, 2023
About this deal
AI
The mixed-use property located at 3031 Rue de l'Altiport, 73120 Courchevel, in the French Alps, France, has been sold. The transaction took place on 05/02/2023, with a sale price of $30,800,000. The property spans across 13,000 square feet, resulting in a price per square foot of $2,154.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $30,800,000
- Address: 3031 Rue de l'Altiport, 73120 Courchevel
- Market: French Alps, France
- Broker: Enzo Rosani - BARNES Miami
BARNES INTERNATIONAL REALTY, with its global presence of over 150 offices, is a renowned and trusted International Luxury Real Estate Group. In Miami, they are known as one of the local leaders in the Prime Segment. It is worth noting that Enzo Rosani from BARNES Miami was the broker involved in this transaction.
Players
Courchevel Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93