Horvath & Tremblay Acquires Retail Property In Derry, NH For $2.4M
2 Ashleigh Drive, Derry, New Hampshire 03038, United States
$2,400,000
Building Size
—
Asset Type
Retail
Closing
Apr 28, 2022
AI
A retail property located at 2 Ashleigh Dr in Derry, NH, was recently sold for a price of $2,400,000. The transaction took place on April 29, 2022. The property is situated in the Derry market and is categorized as a retail asset.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 2 Ashleigh Dr, Derry, NH
- Market: Derry, NH
The sale of this retail property was facilitated by the brokers Bob Horvath, Todd Tremblay, and Aaron Huntley, representing Horvath & Tremblay.
Players
Derry 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93