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78 Londonderry Turnpike, Ho...

Christopher Nickerson Acquires Mixed-Use Property In Hooksett, NH For $240K
SOLDMixed-use

Christopher Nickerson Acquires Mixed-Use Property In Hooksett, NH For $240K

78 Londonderry Turnpike, Hooksett, New Hampshire 03106, United States

$240,000

$142/SF

Building Size

1,690 SF

Asset Type

Mixed-use

Closing

Dec 26, 2021

AI

The mixed-use property located at 78 Londonderry Turnpike Unit E12 in Hooksett, NH has been sold in a recent transaction. The property spans 1,690 square feet and was sold for a price of $240,000, resulting in a price per square foot of $142.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $240,000
  • Address: 78 Londonderry Turnpike Unit E12, Hooksett, NH
  • Market: Hooksett, NH
  • Buyer: Christopher Nickerson
  • Seller: Hermel L. Martin
  • Broker: Andrew Robbins - Colliers

Christopher Nickerson purchased the property from Hermel L. Martin. The sale was facilitated by Andrew Robbins from Colliers, who represented the buyer in the transaction.

Players

Andrew Robbins

Colliers

Broker

$4M

vol

2 deals

Broker

Hooksett 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

66.10%

Cash-on-Cash

-18.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93