Source1AV Purchases Industrial Property At 49 Harvey Road In Londonderry For $2.85M
49 Harvey Road
$2,850,000
$129/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Sep 5, 2025
AI
An industrial asset transaction took place involving a warehouse located at 49 Harvey Road in Londonderry, NH. The sale price for this property was $2,850,000, and it encompasses a total of 22,000 square feet, resulting in a price per square foot of $130.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,850,000
- Address: 49 Harvey Road
- Market: Londonderry, NH
- Square Footage: 22,000
- Price Per Square Foot: $130
- Buyer: Source1AV
- Seller: John Bacheller
- Buyer's Representative: Dan Scanlon - Colliers
- Seller's Representatives: Luigi Lessa, Harrison Klein & Mattias Edenkrans - Marcus & Millichap
The transaction was facilitated by Marcus & Millichap, which arranged the sale of the warehouse to Source1AV. The involvement of multiple representatives highlights the collaborative nature of the transaction in the industrial property market.
Players
Londonderry Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93