Multi unit Investment 2 car lots extra lot garages & office

Special Purpose for Sale
Catylist Listing ID: 30819182
Building Size (RSF): 5,600 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Property Use Type: Investment
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/2/2023

Overview / Comments

4 Units land Bld .83 acres with extra large lot .67 acres right off Hwy 293 near the Manchester Mall. Tenants include 2 Car Lots / Mechanic garage detail garage and office rentals to janitorial business. Owner Finance with 30% down 9% interest amortized over 15 years paid in 10 years.


Finance Data Year 2022
Real Estate Taxes - Annual($) $10,200 (Annual)
Assessed Value - Total($) $555,500 (Annual)
Gross Operating Income $114,000 (Annual)
Net Operating Income $100,000 (Annual)
Actual or Proforma Year Actual
Lender Name 0wner
Loan Amount $1,000,000
Down Payment $389,000
Amortization Period 15

Current Tenants

Tenant Business Name Car Lot, Car Sake with Mech Gar, Detail Gar & Office Rental

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 08400016

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,585 86,875 141,147
Median Age: 38.78 37.08 37.64
Households: 5,099 34,877 56,133


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.