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15-17 Railroad Square

William Peck Of Horvath & Tremblay Facilitates Sale Of Mixed-Use Property In Nashua For $2.85M
SOLDMixed-use

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.

Players

William Peck

Horvath & Tremblay

Broker

$71.2M

vol

14 deals

Broker

Nashua Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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