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Carlingford Road, R173, Dun...

Updated Dec 21, 2023

Davy Real Estate Acquires Hotel In Dundalk, Co. Louth For €15M
SOLDHotel

Davy Real Estate Acquires Hotel In Dundalk, Co. Louth For €15M

Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland

$15,000,000

Building Size

Asset Type

Hotel

Closing

Feb 21, 2022

About this deal

AI

The property asset involved in this transaction is a hotel located at Carlingford Road, R173, Dundalk, Co. Louth, A91 PF57 in Ireland. The transaction took place on February 22, 2022. The hotel was purchased for a price of €15,000,000.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: €15,000,000
  • Purchaser: Davy Real Estate - Eimear Fox

Eimear Fox, representing Davy Real Estate, is the purchaser of the hotel. No additional information is available regarding this transaction.

The hotel sale at Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland in New York sold for $15M in 2022. Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland is classified as Hotel on Traded. This page is the New York file for the Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland hotel sold: pricing, party profiles, and other closed hotel comps from the same New York sit in the Market section below. Filter that local hotel set by closing date to see what else sold near Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland around 2022. Published consideration for Carlingford Road, R173, Dundalk, Co. Louth, A91 Pf57, Ireland is $15M, dated 2022. Cite this Davy Real Estate Acquires Hotel In Dundalk, Co. Louth For €15M sale when underwriting similar hotel product around New York.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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