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News:
Owners Developers & Managers
Posted: May 20, 2022
Peck of Horvath & Tremblay handles sale of NH portfolio for $4.5 million
Keene, NH William Peck of Horvath & Tremblay has arranged the sale of the western New Hampshire multifamily portfolio (81-units) in Hinsdale, Winchester, and Keene. Peck represented both buyer and seller to close the portfolio at a sale price of $4.5 million.
The portfolio, a nine property multifamily investment portfolio located in southwestern New Hampshire, consists of seven properties located in the center of Hinsdale, one property in Winchester and one property in Keene. The portfolio consists of 81 units containing eight retail units, seven studio units, 34 one-bedroom/one-bathroom units, 24 two-bedroom/one-bathroom units, seven three-bedroom/one-bathroom units, and one single-family house with two bathrooms.
The portfolio comprises 72,698 s/f of living area in 93,463 s/f of total gross area on 3.02-acres of land. The properties are well-located in sought after, supply constrained markets in southwestern New Hampshire. Each of the properties are located on, or near each town’s respective “Main St.” and enjoy close proximity to the commercial centers which offer shopping, restaurants, and outdoor recreation amenities. The portfolio represented a rare opportunity to acquire a critical mass of units in southwestern New Hampshire.
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