Hobie Hare Acquires Retail Property In Sunapee, NH For $2.23M
5 Route 103 Sunapee, NH 03782
$2,229,000
Building Size
—
Asset Type
Retail
Closing
Jan 6, 2022
AI
A retail property located at 5 New Hampshire Rte 103 in Sunapee, NH has been sold for a price of $2,229,000. The transaction took place on January 7, 2022. The property features an undisclosed square footage and is situated in the Sunapee market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,229,000
- Address: 5 New Hampshire Rte 103, Sunapee, NH
- Market: Sunapee, NH
The buyer's representative in the deal was Hobie Hare from Horvath & Tremblay, while the seller was represented by District Real Estate Advisors.
Players
Newbury 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
7.12%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93