We have a 58-unit multi-family portfolio for sale in Seacoast, New Hampshire. The offering totals 5 properties that are all located in Strafford County. There is attractive assumable Fannie Mae financing that also allows for a supplemental loan at stabilization. The current terms are 70% LTV, 3.28% interest rate, 10-year term, 3 years left of I/O, 30-year amortization. 15 of the 58 units have been completely renovated, and 73% of units contain multiple bedrooms. Pricing guidance is 9,500,000.
