October 3, 2019 – William Peck of Horvath & Tremblay successfully completed the sale of 157 Notre Dame Avenue in Manchester, NH for $440,000. The multi-family property sold for $73,333 per unit.
157 Notre Dame Avenue, a value-add 6-unit apartment building, is located on the western outskirts of Downtown Manchester, just across the Merrimack River. The building contains 6 bedrooms and 6 bathrooms in 4,719 square feet of living space on a 0.22-acre lot. Additionally, the property includes 12 off street parking spaces. 157 Notre Dame Avenue offers quick access to I-293, I-93, and US Route 3. The property also enjoys close proximity to The Mall of New Hampshire retail trade area, and all of the Downtown Manchester amenities. 157 Notre Dame Avenue 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.