Multi-Family Portfolio

Multi-Family for Sale
Catylist Listing ID: 30865116
Number of Units: 52 Units
Building Size (RSF): 39,641 SF
Sale Price: $10,665,000
Unit Price: $205,096.15 Per Unit
Property Use Type: Investment
Building Name: Multi-Family Portfolio - Newmarket, NH
Sale Terms: Cash to Seller
Cap Rate: 7.87%
Last Updated: 2/14/2024

Overview / Comments

Newmarket Portfolio is a unique investment opportunity to acquire 52 units on the NH Seacoast. The portfolio consists of 4 properties with 5 buildings, all being located close to one another in downtown Newmarket, NH.

- 4 Chapel Street is a 3,656± SF building located on 0.16± acres of land consisting of 6 units. NECPE Listing #30854735
- 5 Chapel Street is a 6,885± SF building located on 0.78± acres of land consisting of fourteen (14) units. NECPE Listing #30865117
- 86 Main Street is a 5,951± SF building located on 0.05± acres of land consisting of seven (7) units. NECPE Listing #30865119
- 100 and 100.5 Main Street is 23,149± SF consisting of three buildings with 25 units total. NECPE Listing #30865121

NOI: $839,512
CAP Rate: 7.87%

Properties are also available for sale individually.

To set up a showing, contact the Broker regarding the tour schedule.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: unknown
Zoning: M2
Total Number of Buildings: 5
Property Condition: Average
Year Built: 1920
Heat Type: Propane, Oil

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,198 13,321 41,987
Median Age: 32.56 38.92 35.05
Households: 2,343 5,467 13,933

Contact

Photograph of Listing Agent

Christian Stallkamp

The Boulos Company NECPE Member
Photograph of Listing Agent

Katherine Gemmecke

The Boulos Company NECPE Member
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