Updated Dec 18, 2023
NAI Norwood Group Sells Industrial Property In Concord, NH For $9.2M
204 Fisherville Road, Concord, New Hampshire 03303, United States
$9,200,000
Units
443
Asset Type
Industrial
Closing
Jun 2, 2022
About this deal
AI
The industrial property located at 204 Fisherville Rd in Concord, NH has been sold. The sale was facilitated by Joseph Mendola from NAI Norwood Group.
Summary of Transaction Details:
- Property Type: Industrial
- Sale Price: $9,200,000
- Units: 443
- Price Per Unit: $20,767
- Date: 06/03/2022
- Market: Concord, NH
The sale of this property demonstrates the strong demand for industrial assets in Concord, NH. With a total of 443 units, the property offers ample space for various industrial operations. The sale price of $9,200,000 translates to an average price per unit of $20,767, highlighting the value of this investment.
Joseph Mendola from NAI Norwood Group played a crucial role in facilitating this transaction. His expertise in the industrial real estate market contributed to the successful sale of the property.
Players
Concord 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93