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227 Amory Street

William Peck Of Horvath & Tremblay Represents Sale Of 18-Unit Multifamily Portfolio In Manchester For $2.65M
SOLDMultiFamily

William Peck Of Horvath & Tremblay Represents Sale Of 18-Unit Multifamily Portfolio In Manchester For $2.65M

227 Amory Street, 237 Amory Street & 509 Beech Street

$2,650,000

Building Size

Asset Type

MultiFamily

Closing

Nov 1, 2024

AI

The property involved in this transaction is a multifamily portfolio located at 227-237 Amory Street & 509 Beech Street in Manchester, NH. The asset consists of 18 units and was sold for $2,650,000, which equates to a price per unit of $147,222.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,650,000
  • Units: 18
  • Price Per Unit: $147,222
  • Broker: William Peck - Horvath & Tremblay
  • Sale Date: 11/01/2024
  • Market: Manchester, NH

William Peck from Horvath & Tremblay facilitated the sale of this portfolio, playing a significant role in the transaction process. The deal reflects the ongoing interest in multifamily investments in the Manchester area.

Players

William Peck

Horvath & Tremblay

Broker

$71.2M

vol

14 deals

Broker

Manchester 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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93