Audubon Capital Partners Acquires Multifamily Property In Lebanon, NH For $69.2M
6 Timberwood Drive
1,093 SF
Summary
Situated at 6 Timberwood Drive in Lebanon, NH, the recently sold property is a multifamily asset consisting of 252 units spread across 42 acres. The transaction took place on February 26, 2021, with a sale price of $69,200,000. This equates to a per unit price of $274,603, and a price per acre of $1,647,619. The property, marketed in Lebanon, NH, was purchased by Audubon Capital Partners from Merion Realty Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $69,200,000
- Units: 252
- Price per Unit: $274,603
- Acres: 42
- Price per Acre: $1,647,619
- Seller: Merion Realty Partners
- Buyer: Audubon Capital Partners
- Brokers: Simon Butler, Biria St. John, & John McLaughlin - CBRE
Captained by Simon Butler, Biria St. John, and John McLaughlin of CBRE, the deal was successfully facilitated. The involvement of these brokers ensured a smooth transaction between the seller, Merion Realty Partners, and the buyer, Audubon Capital Partners. Their expertise and negotiation skills played a vital role in the completion of this multifamily property deal at 6 Timberwood Drive in Lebanon, NH.
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