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Amherst Place LLC Acquires Multifamily Property In Nashua, NH For $2.42M

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SOLD
$2,420,000

New Hampshire

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MultiFamily11,226 SF
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SOLD

Amherst Place LLC Acquires Multifamily Property In Nashua, NH For $2.42M

82-92 Amherst Street, Nashua, NH, USA

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MultiFamily11,226 SF
Sold
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Summary

NEW HAMPSHIRE
Asset Type:MultiFamily
Price Per Square Foot:$215
Total Square Footage:11226 SF
Transaction Type:Sale

Located at 82-92 Amherst Street in Nashua, NH, this multifamily property was recently sold on 12/04/2020 for a total price of $2,420,000. The sale was facilitated by Matthew Lefebvre of The Lefebvre Team - Elm Grove Realty, who represented both the buyer and the seller in the transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $2,420,000
  • Square Footage: 11,226 SF
  • Price Per Square Foot: $216
  • Address: 82-92 Amherst Street, Nashua, NH
  • Market: Nashua, NH

Amherst Place LLC acquired this multifamily property, which consists of a total of 11,226 square feet of space. The transaction was completed at a price per square foot of $216. This successful sale showcases the expertise and negotiation skills of Matthew Lefebvre from The Lefebvre Team - Elm Grove Realty.

Players

1 deal$2.4M volume
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Details

SOLD
IMAGE: Matthew Lefebvre⁠ DATE: 12/04/2020⁠ ADDRESS: 82-92 Amherst Street⁠ MARKET: Nashua, NH⁠ ASSET TYPE: Multifamily⁠ ⁠ BUYER: Amherst Place LLC⁠ BROKER: Matthew Lefebvre - The Lefebvre Team - Elm Grove Realty⁠ ⁠ SALE PRICE: $2,420,000⁠ SF: 11,226 ~ PPSF: $216⁠ ⁠

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$129,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,597.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,472.03
Annual Debt Service$137,664.42