Summit Realty Partners Brokers $1.5M Sale Of Retail Property On Hooksett Rd In Hooksett, NH
SOLD
$1,500,000
New Hampshire
See Similar DealsRetail
Sold 06/03/2022
SOLD
Summit Realty Partners Brokers $1.5M Sale Of Retail Property On Hooksett Rd In Hooksett, NH
1311 Hooksett Road, Hooksett, New Hampshire 03106, United States
See Similar DealsRetail
Sold 06/03/2022
Summary
NEW HAMPSHIRE
Asset Type:Retail
Transaction Type:Sale
The retail property located at 1311 & 1313 Hooksett Rd in Hooksett, NH has been sold. The property spans across 3.39 acres and was listed for sale on Instagram by Chris McMahon on 06/03/2022. The transaction was facilitated by Chris McMahon from Summit Realty Partners, Inc. The sale price for the property was $1,500,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,500,000
- Address: 1311 & 1313 Hooksett Rd, Hooksett, NH
- Market: Hooksett, NH
- Acres: 3.39
- Date: 06/03/2022
- Broker: Chris McMahon - Summit Realty Partners, Inc
Chris McMahon from Summit Realty Partners, Inc represented the buyer and/or seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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