52 Residential Units

Special Purpose for Sale
Catylist Listing ID: 30663157
Building Size (RSF): 22,908 SF
Gross Building Area: See Agent
Sale Price: $3,200,000
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2020

Overview / Comments

We are pleased to present 52 residential units, usually 100% occupied with a waiting list, for sale in Manchester, NH. These units feature outstanding cash flow, including rent, vending and laundry machines, and parking with an opportunity to increase cash revenue. Significant capital improvements over the past 3 years, including security cameras, painting, roofing, plumbing, siding, bathrooms, kitchens, appliances, electric, lighting, landscaping, flooring, fencing, and boilers. Low maintenance costs and ample on-site parking. Further details provided upon execution of a Non Disclosure Agreement.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: TBD
Zoning: R-3
Feet of Frontage: 302
Heat Type: Natural Gas
Lot Frontage: 302
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,302 108,950 141,599
Median Age: 32.83 37 37.57
Households: 14,314 44,739 56,893

Contact

Photograph of Listing Agent

Dan Scanlon, JD, CCIM

Colliers International NECPE Member
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