457 Merrimack St, Manchester, NH
Current occupancy is 100%, NOI for the current reporting period is $-761. Property-level narrative can be expanded in a later reporting pass.
457 Merrimack St is part of the Manchester 3-Pack, a small portfolio acquisition under one loan with a renovation and leasing business plan.
Closing date
10/3/25
Sale price
$453K
Total closing fees
$20K
Total starting basis
$473K
CAPEX budget
$30K
CAPEX spend to date
$9K
Starting reference
—
Current market value
—
Stabilized value
$520K
Total operating income
$10K
Total operating expenses
$11K
Day one loan
$373K
Construction holdback
$30K
Interest rate
8.99%
Monthly debt service
$3K
Related fund links
Shared documents and links currently attached to the parent fund page.
Quarter-over-quarter trends
Placeholder charts for upcoming property trend visualization.
Occupancy
Net operating income
Operating expenses
Operating income
CAPEX