Jeffrey Duchesne Acquires Multifamily Property In Manchester NH From Luc Gingues For $3.725M
6 Notre Dame Avenue
$3,725,000
$133/SF
Building Size
27,927 SF
Asset Type
MultiFamily
Closing
Jan 30, 2026
AI
The property involved in the transaction is a multifamily asset located at 6 Notre Dame Avenue in Manchester, NH. It was sold for a total of $3,725,000, featuring 21 units and a total square footage of 27,927. The price per unit stands at $177,380, while the price per square foot is $133.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,725,000
- Address: 6 Notre Dame Avenue
- Market: Manchester, NH
- Units: 21
- Price Per Unit: $177,380
- Square Feet: 27,927
- Price Per Square Foot: $133
- Buyer: Jeffrey Duchesne
- Seller: Luc Gingues
- Brokers: Dan Pouladian & Benjami Davis - Northshore Realty Advisors
This transaction was facilitated by Northshore Realty Advisors, which handled an off-market deal consisting of five properties, totaling 21 units. The additional properties within this transaction included 6-14 Notre Dame Avenue, 125 Belmont Street, 126-128 Blaine Street, 141 West Street, and 421 Cedar Street. Gene Clement served as the Broker of Record. Congratulations to all parties involved in this transaction.
Players
Manchester 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
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93