Updated Dec 18, 2023
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
Units
192
Asset Type
MultiFamily
Closing
Sep 29, 2022
About this deal
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.
On the Map
$29,130,000
MultiFamily
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Players
Dover 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
0.54%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93