February 15, 2019 – Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of Rosewood Apartments in Salem, New Hampshire. Horvath & Tremblay exclusively represented the seller and procured the buyer in the transaction that closed at a sale price of $6,525,000.
Rosewood Apartments is a 42-unit apartment community consisting of seven, garden-style, apartment buildings on a 4.66-acre site. The buildings are set on a residential street around a landscaped cul-de-sac with off street parking lots and a unit breakdown that includes (18) 2-bedroom units and (24) 3-bedroom units. The property is well-located on a quiet residential street with convenient highway access to both Interstate 93 and 495 and is proximate to The Mall of Rockingham Park and the new Tuscan Village development.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.