4 Gerry Avenue

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4 Gerry Avenue

Newmarket, NH 03857
Asking Price
$395K
Asset Type
Flex Industrial
Class
Class B

What's Special

Flex/Warehouse or Development Lot <ul><li>​Offered as an existing warehouse/flex building(s) with redevelopment potential to residential</li><li>​Current month-to-month Tenant in place in one building</li><li>​Potential to upgrade, reposition, or redevelop the site</li><li>​Convenient walking access to Downtown Newmarket</li><li>​Minutes to Durham, Portsmouth, and the surrounding Seacoast area</li><li>​Sale Price: $395,000</li></ul>

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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