January 19, 2022 – Will Peck of Horvath & Tremblay has arranged the sale of a nine-unit Multi-Family Property in Nashua, New Hampshire. Horvath & Tremblay represented both buyer and seller to close the property at a sale price of $1,300,000.
The multi-family property is located at 25 Kinsley Street in Nashua, New Hampshire. The three-story building contains a total of nine (9) units, consisting of four (4) 1-Bedroom/1-Bathroom units and five (5) 2-Bedroom/1-Bathroom units in 7,186 square feet living area (10,447 square feet of gross area), on a 0.211-acre lot. The Property includes off-street parking for seven cars and the units have been well-maintained. The Property also boasts low-maintenance vinyl siding and a slate and asphalt shingle roof. 25 Kinsley Street is well-located in downtown Nashua, with convenient access to an appealing array of restaurants, bars, retail and entertainment. Kinsley Street and nearby Main Street provide access to local bus lines, with service on Routes 5,6, 9, and 12 stopping within half a mile of the Property, as well as highway access just over a mile away on the Everett Turnpike (US Highway 3). Nashua offers a vibrant mix of local favorites as well as nationally recognized retailers and restaurants, such as Wendy’s, McDonald’s, CVS, Bank of America, and Ace Hardware.
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.