Lynch Real Estate Holdings Acquires Industrial Property In Manchester, NH For $1.4M
1069 S Mammoth Rd, Manchester, New Hampshire 03109, United States
$1,429,384
$142/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
Feb 3, 2022
AI
An industrial property located at 1069 S Mammoth Rd in Manchester, NH has been sold. The property spans 10,000 square feet and was sold for a price of $1,429,384, resulting in a price per square foot of $143. The sale took place on 02/04/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,429,384
- Square Footage: 10,000
- Address: 1069 S Mammoth Rd, Manchester, NH
- Market: Manchester, NH
The buyer of this property was Lynch Real Estate Holdings. They were represented by Mike Reed from Stebbins Commercial Properties. The seller, 14 SMR LLC, was represented by Matthew Bacon and Cassandra Farley from SVN|Masiello Commercial.
Players
Manchester Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.10%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93