Hobie Hare Acquires Retail Property In Sunapee, NH For $2.23M
SOLD
$2,229,000
New Hampshire
See Similar DealsRetail
Sold 01/07/2022
SOLD
Hobie Hare Acquires Retail Property In Sunapee, NH For $2.23M
5 Route 103 Sunapee, NH 03782
See Similar DealsRetail
Sold 01/07/2022
Summary
NEW HAMPSHIRE
Asset Type:Retail
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$118,879.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,919.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,566.60
Annual Debt Service$126,799.17
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