SOLDMultiFamily
Horvath & Tremblay Brokers $8.1M Multifamily Sale In Hampton, NH
1 Elaine Street, Hampton, New Hampshire 03842, United States
$8,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 3, 2023
AI
An $8,100,000 multifamily property located at 1 & 3 Elaine St; & 383 Winnacunnet Rd. in Hampton, NH has been sold. The property consists of 41 units with a price per unit of $197,561.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,100,000
- Address: 1 & 3 Elaine St; & 383 Winnacunnet Rd.
- Market: Hampton, NH
- Broker: William Peck - Horvath & Tremblay
- Units: 41
- Price per Unit: $197,561
William Peck, representing Horvath & Tremblay, was the broker involved in the transaction.
Hampton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93