September 15, 2020 – Will Peck of Horvath & Tremblay has arranged the sale of a sixteen-unit multi-family property in Manchester, New Hampshire. Peck exclusively represented the seller to complete the transaction at a sale price of $890,000.
The multi-family property is located at 293-295 and 297 Amherst Street in Manchester, New Hampshire. The property consists of two multi-family buildings with a total of sixteen (16) units on a 0.22-acre parcel with on-site parking. The unit matrix includes twelve (12), 1-Bedroom/1-Bathroom units and four (4), 2-Bedroom/1-Bathroom units in 11,232 square feet of living area. The Property benefits from an excellent location in downtown Manchester, New Hampshire’s largest city. The property is less than 1-mile from both Southern New Hampshire University and University of New Hampshire at Manchester and is one-block away from Central High School. The Property is within walking distance of a multitude of national and local retailers, restaurants, offices, and entertainment venues. The property also offers convenient highway access to Interstates 93 and 293.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.