Back to Offering Overview

39 Ashland St, Manchester, NH

Current snapshot
Current occupancy
67%
As of 2026-06-30
Current value
$1.04M
Quarterly NOI
$12K
Stabilized value $1.09M
Latest update

Current occupancy is 67%, NOI for the current reporting period is $12K. 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

$77K

Starting reference

Current market value

Stabilized value

$1.09M

Total operating income

$30K

Total operating expenses

$18K

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

Q/Q chart placeholder

Net operating income

Q/Q chart placeholder

Operating expenses

Q/Q chart placeholder

Operating income

Q/Q chart placeholder

CAPEX

Q/Q chart placeholder