CBRE Acquires Multifamily Property On Marthas Way In Dover, NH For $29.13M
510 Marthas Way, Dover, New Hampshire 03820, United States
$29,130,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 29, 2022
AI
A multifamily property located at 510 Marthas Way in Dover, NH has been sold. The transaction took place on 09/30/2022, with a sale price of $29,130,000. The property consists of 192 units, making the price per unit $151,719. The property is situated in the Dover market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $29,130,000
- Units: 192
- Price per Unit: $151,719
- Date: 09/30/2022
- Address: 510 Marthas Way, Dover, NH
- Market: Dover, NH
CBRE brokers Simon Butler, Biria St. John, and John McLaughlin facilitated the sale of the property. They were involved in representing the parties in the transaction.
Players
Dover 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
0.54%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93