Michael Craven Purchases Multifamily Portfolio From Herbert Stebbins For $3.35M In Nashua NH

The property asset involved in the transaction includes a multifamily building located at 24 Orange Street, 20 Orange Street, and 38 Lowell Street in Nashua, NH. The total sale price for the asset was $3,350,000, comprising 17 units across 12,294 square feet, resulting in a price per unit of $197,059 and a price per square foot of $272.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,350,000
• Buyer: Michael Craven
• Seller: Herbert Stebbins
• Broker: William Peck - Horvath & Tremblay
• Units: 17
• Square Footage: 12,294
• Price Per Unit: $197,059
• Price Per Square Foot: $272
• Date of Transaction: 1/20/2026
• Addresses: 24 Orange Street, 20 Orange Street & 38 Lowell Street
• Market: Nashua, NH

William Peck from Horvath & Tremblay represented the seller, Herbert Stebbins, in this transaction, facilitating the sale process and negotiations between the buyer and seller.