Updated Dec 21, 2023
Retail Property In Laconia, NH Sold For $1.57M By Horvath & Tremblay
163 Court St, Laconia, NH, USA
$1,575,000
$228/SF
Building Size
6,895 SF
Asset Type
Retail
Closing
May 21, 2020
About this deal
AI
163 Court St in Laconia, NH has been sold in a recent transaction. The property is a retail asset, offering a total of 6,895 square feet of space. The sale was facilitated by Joe Desalvo, Bob Horvath, and Hobart Hare from Horvath & Tremblay. The deal closed on May 21, 2021, with a sale price of $1,575,000 and a price per square foot of $228.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,575,000
- Square Footage: 6,895
- Address: 163 Court St, Laconia, NH
- Market: Laconia, NH
The team responsible for brokering the deal includes Joe Desalvo, Bob Horvath, and Hobart Hare from Horvath & Tremblay. They played a crucial role in facilitating the transaction, ensuring a successful sale of the retail property in Laconia.
Players
Laconia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93