August 9, 2023 – William Peck of Horvath & Tremblay has arranged the sale of a 2-unit multi-family property in Londonderry, New Hampshire. Peck exclusively represented the seller to complete the transaction at a sale price of $510,000.
The multi-family property is located at 265 High Range Road in Londonderry, New Hampshire. The two-story building contains two (2), 2-Bedroom/1-Bathroom units with 1,996 square feet of living space in 3,400 square feet of gross area on a 1.37-acre parcel of land. The Property features a large private yard with abundant green space and ample on-site parking. The Property also features a garage and on-site laundry hook-ups. Additionally, each unit has direct entry and a private deck. Each unit is separately metered for electricity, and propane fired heat and electric hot water which the tenants pay directly. The Landlord is also responsible for common area electric and maintaining the well and septic systems. 265 High Range Road is located in a quiet residential area in the center of Londonderry. The Property is positioned on a large, private wooded lot and offers its residents tranquil living in a rural setting while also providing convenient access to area shopping amenities just a few miles away near the junction of Nashua Road (NH Route 102) and Interstate 93, the area’s primary commercial center. The location also offers numerous outdoor recreation activities with boating, hunting, fishing, hiking, and winter activities at nearby ski resorts. Londonderry is located in southern New Hampshire in between Manchester, the state’s largest market, and Derry, the state’s fourth largest market. Londonderry is approximately 43-miles north of Boston and is considered part of the Boston MSA.
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.