Updated Dec 21, 2023
Christie & Co. Acquires Heaviley Hotel On Buxton Road For £2.75M
149 Buxton Rd, Heaviley, Stockport Sk2 6 El, Uk
$2,750,000
Building Size
—
Asset Type
Industrial
Closing
Oct 29, 2020
About this deal
AI
The hotel located at 149 Buxton Road in Heaviley, Stockport has been sold for £2,750,000. The property consists of 52 keys and has a price per key of £52,885.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: £2,750,000
- Address: 149 Buxton Road, Heaviley, Stockport
- Market: Heaviley, Stockport
- Seller: Christie & Co. – Ryan Lynn
The sale of the hotel was facilitated by Christie & Co., with Ryan Lynn serving as the representative. The transaction showcases the strong demand for hotel properties in the Heaviley, Stockport market.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93