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39 Ashland St, Manchester, NH

Current snapshot
Current occupancy
83%
As of 2026-03-31
Current value
$275K
Starting reference $255K
Quarterly NOI
$6K
Stabilized value $389K
Latest update

Current occupancy is 83%, NOI for the current reporting period is $6K. Property-level narrative can be expanded in a later reporting pass.

39 Ashland St is a direct Manchester acquisition focused on renovating units, improving rents, and stabilizing the operating profile.

Closing date

7/10/25

Sale price

$845K

Total closing fees

$36K

Total starting basis

$881K

CAPEX budget

$85K

CAPEX spend to date

$76K

Starting reference

Current market value

Stabilized value

$1.04M

Total operating income

$23K

Total operating expenses

$17K

Day one loan

$626K

Construction holdback

$85K

Interest rate

6.50%

Monthly debt service

$3K

Related fund links

Shared documents and links currently attached to the parent fund page.

Fund folder
Deal memo — link coming soon
Underwriting — link coming soon

Quarter-over-quarter trends

Placeholder charts for upcoming property trend visualization.

Occupancy

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Net operating income

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Operating expenses

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Operating income

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CAPEX

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