Christine Mayer Acquires Main Street Durham Multifamily For $5.15M

The multifamily property located at 4-6 Main Street Durham in Durham, NH has been sold. The property consists of 21 units with a total of 56 bedrooms. The asking price for the property was $5,500,000, and it was ultimately sold for $5,150,000. The sale price equates to a price per unit of $245,238. The property boasts a capitalization rate (CAP) of 8%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,150,000
• Address: 4-6 Main Street Durham, Durham, NH
• Market: Durham, NH
• Sales Broker: Nikolas Amicone
• Listing Broker: Todd Koss
• Buyer: Christine Mayer
• Seller: Paul Coleman
• Beds: 56
• Units: 21
• Price Per Unit: $245,238
• CAP: 8%

The buyer, Christine Mayer, acquired the property from the seller, Paul Coleman. The transaction was facilitated by the sales broker, Nikolas Amicone, and the listing broker, Todd Koss.