According to John Jackman, CCIM and president of Jackman Commercial Realty, Inc. the firm has completed the sale of 66 residential apartments in Londonderry and Litchfield. The sale price was $3.5 million. The property included a total of 10 lots. 8 lots in Londonderry improved with 8-6 unit two-bedroom apartments plus an additional vacant lot of about 6 acres. In Litchfield, the property included one lot improved with 3 buildings totaling 18 units (17 2-bedrooms and one 1-bedroom).
"The improving economy and the still high demand for rental units have made the multifamily investment market a positive move for both buyers and sellers," said Jackman.
Jackman represented the seller and facilitated the transaction for the buyer, BS Southside Manor, LLC.