Loudon, NH Concord Commercial Real Estate completed the sale of land at the corner of Rte. 106 and 129.
Brenda Litchfield of Concord Commercial marketed the property on behalf the seller, the estate of Harry Hill.
The buyer, Maple Tree Trust and Alan Bissonette, represented by Eddie Lassonde of Home Key Realty, will establish the headquarters for New England Ladders.
According to town records, the property sold for $120,000.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.