Elm Grove Companies Acquires Multifamily Property In Rochester, NH For $13.85M

68 Hemingway Dr, Rochester, NH 03839

$13,850,000

Building Size

—

Asset Type

MultiFamily

Closing

Mar 3, 2022

AI

A multifamily property located at 68 Hemingway Dr in Rochester, NH, has been acquired in a closed transaction. The property spans across 63 acres and is owned by Elm Grove Companies.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $13,850,000
Date: 03/04/2022
Market: Rochester, NH

The acquisition was financed through a loan provided by Partners Bank, Genesis Fund, and New Hampshire Community Loan Fund. The loan amount totaled $13,850,000 and was utilized for the acquisition of the multifamily property. Patrick Brady of Brady Capital Advisors, LLC represented the buyer, Elm Grove Companies, as the broker in the transaction.

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