Seacoast Portfolio

Seacoast, New Hampshire
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About the property

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.

Property Information
Year Built:
Square Feed:
Year Renovation:
Investment Highlights
  • Attractive Assumable Fannie Mae Loan, Allows for Supplemental Loan at Stabilization
  • Ownership Has Been Able to Lease Up Newly Renovated Units and Evict Inherited Problem Tenants
  • Ownership Expects Occupancy to Continue to Rise as More Renovated Units Come Online
  • 15 Units Have Been Completely Renovated With Granite Countertops and LVP Flooring
  • 73% of Units Contain Multiple Bedrooms

Contact the Team
Samuel R. Finkler
Senior Vice President, Investment Sales
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