24 West St

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24 West St

Lebanon, NH 03766
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Apartment building available for sale in Lebanon New Hampshire
  • Asset currently resides under agreement status with interested parties
  • Located at 24 West St within a stable regional market
  • Multi-family investment property catering to steady local tenant demand
  • Regional economy supported by major medical and educational institutions

What's Special

Multifamily investors can capitalize on this apartment building situated at 24 West St in Lebanon, New Hampshire. The property represents a stable addition to a portfolio in the Upper Valley region, a market characterized by a consistent demand for housing driven by regional medical and educational institutions. This location provides access to the local labor market and key transportation routes, making it a functional choice for tenants commuting throughout the area. Prospective buyers will find this asset suitable for long-term hold strategies within a growing suburban environment known for its steady economic base. The property is currently under agreement, reflecting the ongoing interest in residential income-producing assets within this specific community. Its positioning in Lebanon allows for convenient connectivity to surrounding towns while maintaining a residential character preferred by long-term occupants seeking proximity to local employers.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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