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64 Vaughan Mall, Portsmouth...

Updated Oct 28, 2024

Novocure Acquires Office Building In Portsmouth, NH For $9.5M
SOLDOffice

Novocure Acquires Office Building In Portsmouth, NH For $9.5M

64 Vaughan Mall, Portsmouth, NH 03801

$9,500,000

Building Size

Asset Type

Office

Closing

Jan 6, 2022

About this deal

AI

An office property located at 64 Vaughan Mall in Portsmouth, NH has been sold for a total price of $9,500,000. The transaction took place on January 7, 2022, and the buyer of the property is Novocure, represented by William Doyle.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $9,500,000
  • Address: 64 Vaughan Mall
  • Market: Portsmouth, NH

Novocure, represented by William Doyle, acquired the office property located at 64 Vaughan Mall in Portsmouth, NH. The sale price for the property was $9,500,000.

Players

Portsmouth Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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