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95 Wyman Road, Keene, New H...

Covenant Living Acquires Senior Housing Property In Keene, NH For $33M
SOLD

Covenant Living Acquires Senior Housing Property In Keene, NH For $33M

95 Wyman Road, Keene, New Hampshire 03431, United States

$33,000,000

Building Size

Asset Type

Closing

Feb 17, 2022

AI

The senior housing property located at 95 Wyman Rd in Keene, NH has been sold for a total of $33,000,000. The transaction took place on February 18, 2022. The property is part of the senior living market segment and is described as a senior housing asset.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: $33,000,000
  • Address: 95 Wyman Rd, Keene, NH
  • Market: Keene, NH

The buyer of the property is Covenant Living Communities and Services. The sale was facilitated by the brokers David Kliewer, Jay Jordan, and Allen McMurtry, who work at Grandbridge Real Estate Capital.

Players

David Kliewer

Continuum Advisors

Broker

$76M

vol

4 deals

Broker

Keene 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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93