Horvath & Tremblay Facilitates $1.6M Commercial Sale In Concord, NH
SOLD
$1,600,000
New Hampshire
See Similar Deals3,803 SF
Sold 05/21/2021
SOLD
Horvath & Tremblay Facilitates $1.6M Commercial Sale In Concord, NH
188 Loudon Rd, Concord, NH, USA
See Similar Deals3,803 SF
Sold 05/21/2021
Summary
NEW HAMPSHIRE
Price Per Square Foot:$420
Total Square Footage:3,803 SF
Transaction Type:Sale
188 Loudon Rd in Concord, NH, has been sold in a commercial transaction. The property was sold on 05/21/2021 for a total price of $1,600,000. Bob Horvath, Dan Bernardini, and Aaron Huntley of Horvath & Tremblay acted as brokers in the deal.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $1,600,000
- Address: 188 Loudon Rd, Concord, NH
- Market: Concord, NH
The sale of 188 Loudon Rd was facilitated by Bob Horvath, Dan Bernardini, and Aaron Huntley from the brokerage firm Horvath & Tremblay. They played a crucial role in representing the buyer and seller in this commercial transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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