facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Hesse

/

All

/

Sale

/

Hauptstraße 24, 63303 Dreie...

Updated Dec 21, 2023

Corestate Acquires Condominium Complex In Dreieich For €43.6M
SOLD

Corestate Acquires Condominium Complex In Dreieich For €43.6M

Hauptstraße 24, 63303 Dreieich, Germany

$43,600,000

Building Size

Asset Type

Closing

Feb 1, 2022

About this deal

AI

The Fünf Häuser Quartier condominium complex located at Hauptstraße 24, 63303 Dreieich in Germany has been sold in a closed transaction. The purchase price for the property was €43,600,000. The seller of the complex was Schoofs Immobilien, while the buyer was Corestate. The deal was facilitated by Blank Real Estate, acting as the agent for the transaction.

Summary of transaction details:

  • Property Type: Condominium Complex
  • Transaction Amount: €43,600,000
  • Address: Fünf Häuser Quartier, Hauptstraße 24, 63303 Dreieich, Germany

Blank Real Estate, a real estate agency, represented Corestate in their acquisition of the Fünf Häuser Quartier condominium complex. This transaction marks a significant deal in the real estate market, showcasing the investment potential in Germany's condominium sector.

Players

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

Browse this market sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets