facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Hampshire

/

Multifamily

/

Sale

/

22a Country Club Drive, Man...

CBRE Represents The DSF Group In $164.6M Sale Of Multifamily Property In Manchester, NH
SOLDMultiFamily

CBRE Represents The DSF Group In $164.6M Sale Of Multifamily Property In Manchester, NH

22a Country Club Drive, Manchester, New Hampshire 03102, United States

$164,600,000

Units

640

Asset Type

MultiFamily

Closing

Aug 11, 2022

AI

The multifamily property located at 22A Country Club Dr in Manchester, NH has been sold in a closed transaction. The property spans over 41 acres and features a total of 640 units. The buyer, an affiliate of The DSF Group, purchased the property through the representation of Biria St. John, Simon Butler, and John McLaughlin from CBRE. The transaction date is recorded as 08/12/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $164,600,000
  • Market: Manchester, NH
  • Units: 640
  • Price Per Unit: $257,188
  • Seller: Affiliate of The DSF Group

The sale of the property was facilitated by the brokers Biria St. John, Simon Butler, and John McLaughlin from CBRE. Their expertise and representation contributed to the successful completion of this transaction. The deal is considered significant within the real estate market of Manchester, NH.

Players

Simon Butler

CBRE

Broker

$2.5B

vol

33 deals

Broker
TG
The DSF GroupSeller

Manchester 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

0.10%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93