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Horvath & Tremblay Acquires Retail Property In Derry, NH For $2.4M

Property Image
SOLD
$2,400,000

New Hampshire

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Retail
Sold 04/29/2022
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Property Image
SOLD

Horvath & Tremblay Acquires Retail Property In Derry, NH For $2.4M

2 Ashleigh Drive, Derry, New Hampshire 03038, United States

See Similar Deals
Retail
Sold 04/29/2022
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Summary

NEW HAMPSHIRE
Asset Type:Retail
Transaction Type:Sale

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

Robert (Bob) Horvath
112 deals$556.4M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Aaron Huntley
Horvath & Tremblay
15 deals$71.9M volume
BROKER

Details

SOLD
IMAGE: Bob Horvath, Todd Tremblay & Aaron Huntley DATE: 04/29/2022 ADDRESS: 2 Ashleigh Dr MARKET: Derry, NH ASSET TYPE: Retail BROKERS: Bob Horvath, Todd Tremblay & Aaron Huntley - Horvath & Tremblay SALE PRICE: $2,400,000

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

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69