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Helsinki, Uusimaa, Finland

Updated Dec 18, 2023

Icecapital Acquires Multifamily Property In Helsinski & Vantaa For €24.9M
SOLDMultiFamily

Icecapital Acquires Multifamily Property In Helsinski & Vantaa For €24.9M

Helsinki, Uusimaa, Finland

$24,900,000

Building Size

Asset Type

MultiFamily

Closing

Dec 28, 2021

About this deal

AI

The closed transaction in Helsinki & Vantaa involved a multifamily property. The purchase price for the property was €24,900,000. The seller of the property was Bonava, while Icecapital acted as the purchaser.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: €24,900,000
  • VENDOR: Bonava
  • PURCHASER: Icecapital

The deal was facilitated by Icecapital as the buyer's representative.

The multifamily sale at Helsinki, Uusimaa, Finland in Helsinki sold for $24.9M in 2021. Helsinki, Uusimaa, Finland is classified as Multifamily on Traded. This page is the Helsinki file for the Helsinki, Uusimaa, Finland multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Helsinki sit in the Market section below. Filter that Helsinki multifamily set by closing date to see what else sold near Helsinki, Uusimaa, Finland around 2021. Published consideration for Helsinki, Uusimaa, Finland is $24.9M, dated 2021. Cite this Icecapital Acquires Multifamily Property In Helsinski & Vantaa For €24.9M sale when underwriting similar multifamily product around Helsinki.

Players

Helsinki MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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