Updated Oct 28, 2024
PAS Investments Acquires Mixed-Used Property In Derry, NH For $2.6M
6 West Broadway, Derry, NH, USA
$2,595,000
$118/SF
Building Size
22,000 SF
Asset Type
Mixed-use
Closing
Sep 3, 2021
About this deal
AI
A mixed-use property located at 6 W Broadway in Derry, NH was recently sold for $2,595,000. The transaction took place on September 3, 2021. The property spans 22,000 square feet, resulting in a price per square foot of $118.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,595,000
- Date: September 3, 2021
- Address: 6 W Broadway, Derry, NH
- Market: Derry, NH
- Buyer: PAS Investments llc
- Seller: NNM Realty Trust
- Brokers: Taylor Saulnier & Jeremy Cyrier - MANSARD
The deal was facilitated by brokers Taylor Saulnier and Jeremy Cyrier from MANSARD. They represented the buyer and seller, PAS Investments llc and NNM Realty Trust, respectively.
On the Map
$2,595,000
$118/SF
Mixed-use
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Players
Derry 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
6.11%
Cash-on-Cash
-1.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93