Updated Oct 28, 2024
Property Possible LLC Acquires Industrial Asset In Nashua, NH For $4.1M
110 East Hollis Street, Nashua, NH, USA
$4,075,000
$45/SF
Building Size
90,000 SF
Asset Type
Industrial
Closing
Sep 17, 2021
About this deal
AI
110 East Hollis St, located in Nashua, NH, has been sold in a recent industrial property transaction. The property spans 90,000 square feet and was sold for $4,075,000, resulting in a price per square foot of $45. This transaction took place on September 17, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,075,000
- Address: 110 East Hollis St, Nashua, NH
- Square Footage: 90,000
- Price per Square Foot: $45
Property Possible LLC has acquired the property from ZJBV Properties LLC, represented by Brian Thibeault. Property Possible LLC acted as the buyer in this transaction, while ZJBV Properties LLC was the seller. The deal marks a significant investment in the industrial market in Nashua, NH.
Players
Nashua 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
3.89%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93