85 Units Multi-Family Portfolio, Southern NH

Multi-Family for Sale
Catylist Listing ID: 30851253
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use
Number of Units: 85 Units
Building Size (RSF): 74,400 SF
Gross Land Area: 3.18 Acres
Sale Price: $16,994,000
Unit Price: $199,929.41 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.06%
Average Occupancy Rate: 97
Last Updated: 2/20/2024

Overview / Comments

This is a portfolio sale. Total of 16 properties consisting of 19 buildings. These properties are located:
87 Central St, Hudson
70 Chestnut St, Nashua
72 Chestnut St, Nashua
7 Mason St, Nashua
1-3 Worcester St, Nashua
8-10 Temple Pl, Nashua
16-18 Granite St, Nashua
90-92 Tolles St, Nashua
6-8 Fulton St, Nashua
76 Ledge St, Nashua
8-10 Courtland St, Nashua
41 Chestnut St, Nashua
13-15 Pleasant St, Nashua
215 Wilson St, Manchester
4 Slip Rd & 771 Forest Rd, Greenfield

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 00100-000069
Zoning: RC
Percent Occupied: 98%
Property Located Between: Various
Highway Access: Various by each individual property
Total Number of Buildings: 19
Property Condition: Good
Roof Type: Other
Construction/Siding: Aluminum Siding, Vinyl Siding
Parking Type: Surface
Parking Description: Each property has its own dedicated surface parking area for tenants, as well as 3 private garages.
Sprinklers: None
Heat Type: Electricity, Natural Gas, Propane, Hot Water, Other
Heat Source: Central, Wall Units, Other
Fuel: Gas, Oil, Electric, Propane
Air Conditioning: Other
Interior Description: Unit's are in varied conditions, with a number of units having been updated at various times. All necessary repairs and maintenance have been addressed promptly at the time when needed.
Zoning Description: Various
Water Service: Municipal, Well, Other
Sewer Type: Municipal, Septic, Other
Easements: Other
Easements Description: See individual deeds.
Legal Description: See individual deeds.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,561 84,549 125,054
Median Age: 35.37 39.17 39.32
Households: 9,656 33,334 49,023
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