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25 Trafalgar Square Nashua,...

Nashua TS Lodging Residence Sells Inn Nashua Hotel In Nashua, NH For $23.6M
SOLDHotel

Nashua TS Lodging Residence Sells Inn Nashua Hotel In Nashua, NH For $23.6M

25 Trafalgar Square Nashua, NH 03063, USA

$23,600,000

Building Size

Asset Type

Hotel

Closing

Jul 7, 2023

AI

Nashua TS Lodging Residence has sold Inn Nashua, a 118-room hotel in Nashua, New Hampshire, for $23.6 million. The hotel is located at 25 Trafalgar Square. This hotel asset features 118 keys with a price per key of $200,000.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $23,600,000
  • Address: 25 Trafalgar Square, Nashua, NH
  • Market: Nashua, NH

The sale of Inn Nashua was facilitated by the following brokers: Denny Meikleham and John Kluh from Berkadia, and Jeffrey White from Aries Commercial Real Estate.

Players

Denny Meikleham

Berkadia

Broker

$23.6M

vol

1 deal

Broker

Nashua Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93