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42 Bridge Street

William Peck Of Horvath & Tremblay Brokers $4.45M Sale Of 16-Unit Mixed-Use Property In Manchester NH
SOLDMixed-use

William Peck Of Horvath & Tremblay Brokers $4.45M Sale Of 16-Unit Mixed-Use Property In Manchester NH

42 Bridge Street & 44 Bridge Street

$4,450,000

Building Size

Asset Type

Mixed-use

Closing

Aug 1, 2025

AI

A 16-unit mixed-use property located at 42-44 Bridge Street in Manchester, NH has been sold for $4,450,000. The transaction reflects a cap rate of 6.48% and a price per unit of $278,125.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,450,000
  • Units: 16
  • Cap Rate: 6.48%
  • Price per Unit: $278,125
  • Date of Sale: 08/01/2025
  • Broker: William Peck - Horvath & Tremblay

William Peck of Horvath & Tremblay facilitated this transaction, representing the interests of the involved parties in the deal.

Players

William Peck

Horvath & Tremblay

Broker

$71.2M

vol

14 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

Manchester 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

3.56%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93