Updated Oct 28, 2024
KS Prime, LLC Acquires Industrial Asset In Londonderry, NH For $5.2M
15 Londonderry Road, Londonderry, NH, USA
$5,200,000
$96/SF
Building Size
54,000 SF
Asset Type
Industrial
Closing
Jul 2, 2020
About this deal
AI
The industrial property located at 15 & 23 Londonderry Road in Londonderry, NH has been sold for a price of $5,200,000. The property has a total area of 54,000 square feet, resulting in a price per square foot of $96. The transaction took place on July 2, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,200,000
- Address: 15 & 23 Londonderry Road, Londonderry, NH
- Market: Londonderry, NH
The seller of the property was LaBonte Investment Realty, LLC, represented by Jerry Hersch from Tinkham Realty, Inc. The buyer, KS Prime, LLC, was represented by Christopher Goodnow from Goodnow Real Estate Services. This deal was facilitated by the respective representatives and resulted in the successful sale of the industrial property.
Players
Londonderry 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93