12-Unit Condo Portfolio in The Heart of Manchester
Multi-Family
for Sale
Catylist Listing ID: |
30835039 |
Number of Units: |
12 Units |
Building Size (RSF): |
7,256 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$1,700,000 |
Unit Price: |
$141,666.67 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/30/2023 |
Overview / Comments
Is this really 2023 pricing or are you dreaming?! TWELVE individually deeded condominium units for UNDER $142,000/door in the heart of bustling Manchester, New Hampshire! These easy-to-rent units will offer you cashflow for years to come along with the opportunity to sell off individually if desired. This complex features six total buildings with 24-36 units in each, plenty of parking, easy access to downtown, and even an in-ground pool. All but one unit include heat AND hot water in the monthly condo fees making this investment about as "hands-off" as they come. Showings by appointment only.
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Additional Details
Nearest MSA: |
Manchester-Nashua |
County: |
Hillsborough |
Tax ID/APN: |
321-111:146 |
Zoning: |
CONDO MDL-05 |
Outdoor Pool |
Total Number of Buildings: |
6 |
Number of Stories: |
3 |
Year Built: |
2017 |
Construction/Siding: |
Wood Frame |
Parking Type: |
Surface |
Heat Type: |
Natural Gas |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
23,496 |
100,434 |
151,753 |
Median Age: |
34.95 |
36.84 |
37.59 |
Households: |
9,971 |
40,687 |
60,213 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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