Enzo Rosani Of BARNES Miami Sells Mixed-Use Property In French Alps For $30.8M
3031 Rue De L’altiport, 73120 Courchevel
$30,800,000
$2,369/SF
Building Size
13,000 SF
Asset Type
Mixed-use
Closing
May 2, 2023
AI
A 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 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
Enzo Rosani of BARNES Miami served as the broker for this transaction. BARNES INTERNATIONAL REALTY, with over 150 offices worldwide, is a highly respected and trusted international luxury real estate group. In Miami, they are a prominent player in the prime segment of the market.
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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93