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192-196 Loudon Road, Concor...

Summit Realty Partners Completes $1,950,000 Sale Of Retail Property In Concord, NH
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Summit Realty Partners Completes $1,950,000 Sale Of Retail Property In Concord, NH

192-196 Loudon Road, Concord, New Hampshire 03301, United States

$1,950,000

Building Size

Asset Type

Retail

Closing

Jun 2, 2022

AI

The retail property located at 192-196 Loudon Rd in Concord, NH has been sold for $1,950,000. The sale took place on 06/03/2022. The property sits on approximately 2.36 acres of land. The transaction was facilitated by Chris McMahon of Summit Realty Partners, Inc.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,950,000
  • Date: 06/03/2022
  • Address: 192-196 Loudon Rd
  • Market: Concord, NH
  • Asset Type: Retail
  • Acres: 2.36

Chris McMahon, representing Summit Realty Partners, Inc, played a key role in brokering the sale of this retail property in Concord, NH.

Players

Chris McMahon

Summit Realty Partners

Broker

$45M

vol

9 deals

Broker

Concord 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93