August 1, 2019 – William Peck of Horvath & Tremblay successfully completed the sale of 390 Manchester Street in Manchester, NH for $400,000, selling for $80,000 per unit.
390 Manchester Street, a value-add 5-unit apartment building, is centrally located in the Corey Square neighborhood immediately adjacent to Downtown Manchester. The building contains 7 bedrooms and 5 bathrooms in 3,740 square feet of living space on a 0.105-acre lot. 390 Manchester Street is within walking distance of Central High School, Bronstein Park, and provides quick access to interstates 93 and 293. The property also enjoys close proximity to all of the Downtown Manchester amenities. 390 Manchester Street offers the incoming buyer the opportunity to own a strong rental asset in one of the fastest growing real estate markets in the region.
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.