Cassidy Hotel Group Acquires Hotel In Dublin, Ireland For €8M
7 Gardiner Row, Rotunda, Dublin, D01 Xn53, Ireland
$8,000,000
Building Size
—
Asset Type
Hotel
Closing
Dec 1, 2021
About this deal
AI
The Cassidy Hotel Group, led by Donie Cassidy, has purchased a hotel property located at 7 Gardiner Row, Rotunda, Dublin, D01 XN53, Ireland. The transaction took place on January 12, 2021, with a purchase price of €8,000,000. The hotel is situated in the sector of Dublin, Ireland.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: €8,000,000
- Purchaser: Cassidy Hotel Group - Donie Cassidy
Donie Cassidy, representing the Cassidy Hotel Group, successfully completed the purchase of the hotel property. This acquisition further strengthens the Cassidy Hotel Group's presence in the Dublin market and showcases their commitment to expanding their hotel portfolio.
Players
Dublin Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93