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Auvergne Rhone Alpes

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Mixed Use

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Sale

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Courchevel, France

Updated Dec 19, 2023

SOLDMixed-use

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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Deal FAQ

About $2.2K per square foot on a published $28M for 13,000 square feet (2023).

Browse Courchevel mixed use sales on Traded.

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

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