Updated Dec 21, 2023
Primevest Capital Partners Acquires Residential Property In Hildesheim, Germany For €30M
Elisabethgarten, 31135 Hildesheim, Germany
$30,000,000
$357/SF
Building Size
83,959 SF
Asset Type
Co-Op
Closing
Jan 20, 2022
About this deal
AI
The residential property located at Elisabethgarten 31135 Hildesheim, Germany, has been recently sold for €30,000,000. Spanning across 83,959 square feet, the property boasts a price per square foot of €357. The transaction took place on January 20, 2022.
Summary of transaction details
- Property Type: Residential
- Transaction Amount: €30,000,000
- Square Footage: 83,959
- Price per Square Foot: €357
The vendor of the property is THI Holding GmbH. Representing the vendor in this deal was Primevest Capital Partners, with Victor Ghalayini as the agent.
Players
Hildesheim Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93