Tilton Self-Storage, LLC Acquires Self Storage Property In Tilton, NH For $4.28M
637 W Main St, Tilton, NH, USA
$4,280,000
$63/SF
Building Size
67,050 SF
Asset Type
—
Closing
Dec 3, 2021
AI
The self-storage property located at 637 West Main St in Tilton, NH has been sold. This property spans over 6.75 acres and is comprised of 67,050 square feet of space. The sale took place on December 3, 2021, with Tilton Self-Storage, LLC purchasing the property from 637 West Main St., LLC for a total of $4,280,000.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $4,280,000
- Date: 12/03/2021
- Address: 637 West Main St
- Market: Tilton, NH
- Acres: 6.75
- Buyer: Tilton Self-Storage, LLC
- Buyer's Representative: Doug Martin - KW Commercial
- Seller: 637 West Main St., LLC
- Seller's Representatives: Matthew Bacon & Cassandra Farley - SVN|Masiello Commercial
- Square Footage: 67,050
The buyer of the property, Tilton Self-Storage, LLC, was represented by Doug Martin from KW Commercial. On the other hand, Matthew Bacon and Cassandra Farley from SVN|Masiello Commercial acted as the representatives for the seller, 637 West Main St., LLC.
Players
Tilton CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.71%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93