–Leading investment sales firm represents the seller and procures the buyer for the multifamily portfolio in Newton & Kingston, New Hampshire–
Newton, MA (APRIL 18, 2023)– Northeast Private Client Group® (NEPCG) has announced the sale of the Southern New Hampshire Multifamily Portfolio in Newton & Kingston, New Hampshire. Senior Associates Drew Kirkland, Francis Saenz, and Jim Casey represented the seller and procured the buyer for the multifamily transaction. The Southern New Hampshire Multifamily Portfolio is located in Newton & Kingston, New Hampshire, and sold for $3,850,000.
The portfolio includes (6) six 4-unit buildings across two locations with two (2) one-bedroom and 22 two-bedroom floorplans. The properties feature ample off-street parking with landlord-paid heat & hot water and separately metered tenant-paid electric.
“Because of our competitive marketing process, we were able to provide our sellers a high price per unit and low cap rate for a generational family asset. Through renovations and capital expenditures, the buyer will have the opportunity to bring rents up to market and generate significant cash flow.” – Jim Casey, Senior Associate
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.