Seabrook Real Estate Partners Acquires Multifamily Asset In Hampton New Hampshire For $31.5M

The property asset involved in this transaction is a multifamily asset located at 241 Drakeside Road in Hampton, NH. The sale price for the property was $31,500,000, comprising 113 units. The total square footage of the asset is 117,690, with a price per unit of $278,761 and a price per square foot of $267.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,500,000
• Address: 241 Drakeside Road
• Market: Hampton, NH
• Units: 113
• Price per unit: $278,761
• Total square footage: 117,690
• Price per square foot: $267
• Buyer: Seabrook Real Estate Partners
• Seller's Representatives: David Berman, Zack Hardy, James Stubblebine & David Stubblebine - The Stubblebine Company

This transaction was facilitated by the representatives from The Stubblebine Company, highlighting the collaborative effort of David Berman, Zack Hardy, James Stubblebine, and David Stubblebine in closing the deal for Seabrook Real Estate Partners, ensuring all aspects of the transaction were handled effectively.