William Peck Of Horvath & Tremblay Facilitates Sale Of Mixed-Use Property In Nashua For $2.85M
15-17 Railroad Square
$2,850,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 1, 2024
AI
The property at 15-17 Railroad Square in Nashua, NH, a mixed-use asset, was recently sold for $2,850,000. This property consists of 14 units, with each unit selling at $203,571. The transaction was facilitated by William Peck of Horvath & Tremblay, resulting in a cap rate of 7.28%.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,850,000
- Units: 14
- Price Per Unit: $203,571
- Market: Nashua, NH
- Broker: William Peck - Horvath & Tremblay
In this deal, William Peck of Horvath & Tremblay played a pivotal role, representing the parties involved in the sale of the mixed-use property. The successful transaction highlights the expertise and professionalism of the broker in handling real estate deals in the Nashua market.
Nashua Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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