Updated Sep 8, 2025
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
About this deal
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.
On the Map
$2,850,000
$129/SF
Industrial
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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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93