Horvath & Tremblay Acquires Retail Property In Derry, NH For $2.4M
SOLD
New Hampshire
See Similar DealsRetail
Sold 04/29/2022
SOLD
Horvath & Tremblay Acquires Retail Property In Derry, NH For $2.4M
2 Ashleigh Drive, Derry, New Hampshire 03038, United States
See Similar DealsRetail
Sold 04/29/2022
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.
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Deal Type
30 years
10 years
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
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