Trendezza LLC Acquires 17.93 Acre Condo Site In Windham NH From Nesmith Meadows LLC For $4.5M
47 North Lowell Road
$4,500,000
Building Size
—
Asset Type
Condo
Closing
Sep 5, 2025
AI
A 17.93-acre site located at 47 North Lowell Road in Windham, NH, has been sold for $4,500,000. This property is approved for the development of 50 duplex condominium units.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,500,000
- Buyer: Trendezza, LLC
- Seller: Nesmith Meadows, LLC
- Brokers: Dan Scanlon & Cassandra Farley - Colliers
- Buyer’s Representative: Jared Trandezza - Moe Marketing Realty Group
The sale was facilitated by Colliers, indicating the professionalism in handling real estate transactions in the area. The buyer, Trendezza, LLC, is positioned to develop the property further following its acquisition from Nesmith Meadows, LLC.
Players
Windham Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93