Azad Legacy Partners Acquires Multifamily Property In Franklin, NH For $3.1M
11 Plains Ct Franklin, NH 03235, USA
$3,145,725
$217/SF
Building Size
14,452 SF
Asset Type
MultiFamily
Closing
Aug 29, 2023
AI
11 Plains Court in Franklin, NH was recently sold in a multifamily property transaction. The property consists of 36 units with a total square footage of 14,452. The sale price for this transaction was $3,145,725, resulting in a per unit price of $87,381. The price per square foot for the property is $218.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,145,725
- Address: 11 Plains Court, Franklin, NH
- Market: Franklin, NH
- Units: 36
- Price Per Unit: $87,381
- Square Footage: 14,452
- Price Per Square Foot: $218
Azad Legacy Partners acquired the property in this transaction. The deal was facilitated by the seller's representatives from Cushman & Wakefield, including John Flaherty, Christopher Sower, Bruce Lusa, Jonathan Bryant, Kevin Jones, Julie Regan, and Mary VanNatta.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93