Derry, NH Tinkham Realty, Inc. completed the sale of 13 East Broadway to Greater Salem Vineyard, dba Vineyard Community Church of 104 South Road, Londonderry. The property consists of a 3,400 s/f commercial building located in downtown, it was originally the American Legion Post and presently set up as a cross fit gym.
The sale price according to the Rockingham Registry of Deeds is $185,000. Jerry Hersch of the commercial division represented the seller, 18th Avenue Sports.
In another transaction, Tinkham completed the sale of 271 Derry Rd. to SLC Development, LLC. The property consists of a 4,800 s/f office building on .44 acre with frontage on Derry Rd. The sales price according to the Hillsborough Registry of Deeds was $335,000. Hersch represented the seller, BTG Properties.
Tinkham Realty, Inc is a full service real estate firm servicing all of New Hampshire and Northern Mass.
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.