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

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SOLD
$1,950,000

New Hampshire

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Retail
Sold 06/03/2022
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Property Image
SOLD

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

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

See Similar Deals
Retail
Sold 06/03/2022
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Summary

NEW HAMPSHIRE
Asset Type:Retail
Transaction Type:Sale

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
9 deals$45M volume
BROKER

Details

SOLD
IMAGE: Chris McMahon DATE: 06/03/2022 ADDRESS: 192-196 Loudon Rd MARKET: Concord, NH ASSET TYPE: Retail ~ ACRES: 2.36 BROKER: Chris McMahon (@ChrisJamesMcMahon) - Summit Realty Partners, Inc SALE PRICE: $1,950,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94