Horvath & Tremblay Brokers Sell North Conway Retail Property For $4 Million
1500 White Mountain Highway, North Conway, NH 03860
$4,000,000
$238/SF
Building Size
16,794 SF
Asset Type
Retail
Closing
Jan 21, 2022
AI
A retail property located at 1500 White Mountain Hwy in North Conway, NH has been sold for a price of $4,000,000. The property spans a total of 16,794 square feet, resulting in a price per square foot of $238. The transaction took place on January 21, 2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 1500 White Mountain Hwy, North Conway, NH
- Market: North Conway, NH
- Square Footage: 16,794
The sale was facilitated by Bob Horvath, Todd Tremblay, and Brian Ahrens from Horvath & Tremblay.
Players
North Conway Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93