𝓷𝓮𝔀 𝓵𝓲𝓼𝓽𝓲𝓷𝓰 of this 6-unit multi-family property located at 91 West Street in Manchester. These 2-bedroom, 1-bathroom units collectively generate gross income of $94,200/year and net operating income of ~$61K/year. Offered at $799K Call (603) 637-4812.
𝓗𝓪𝓹𝓹𝔂 𝓕𝓻𝓲𝓭𝓪𝔂! FOLLOW US to receive our weekly quick tips. Our goal is to help you with all your real estate, investment, brokerage, and property management goals. ☎️ Call us at (603) 637-4812 to allow assist you in your real estate search. #realestateinvesting
2021’s first quarter results are in! Manchester’s average multi-family price per unit SKYROCKETED from $115K/unit in 2020 Q1 to $143K/unit in 2021 Q1. That’s a 24% spike! If you are thinking about selling a small or midsize multi-family, now is the time. Call us (603) 637-4812.
We are pleased to announce a new lease listing at 8 Harrison Street in Manchester, featuring six 1-bedroom apartments for rent at this 𝒩𝑜𝓇𝓉𝒽 𝐸𝓃𝒹 location just minutes away from the heart of Elm Street. Rents range from $850-$1,000/mo. Email: [email protected]
🕰Like any business, real estate investment and property management is all about TIME management. ✨FOLLOW US for more handy quick tips to assist with your real estate goals. ☎️Call us at (603) 637-4812 to allow @graypropgroup assist you in your real estate search.
With Bayberry Green Apartments successfully refinanced, we look forward to sending monthly checks to a new set of limited partners.
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Follow us to stay apprised of our real estate investment moves as well as our brokerage/management services.
👯♀️ ᕼᗩᑭᑭY ᖴᖇIᗪᗩY 👯♀️FOLLOW US to receive our weekly quick tips. Our goal is to help you with all your real estate, investment, brokerage, and property management goals. Call us at (603) 637-4812 to allow @graypropgroup assist you in your real estate search.
Attention all NH Landlords! Did you know our apartments are currently ALL occupied & we’ve historically achieved vacancy near 0%? = high lease renewal rate (happy tenants) + quick unit turn times. Turn to us for your leasing & management needs.
#propertymarket#Management
Congratulations to our client for placing this Berlin multi-family under contract. This 8-unit currently produces over $60K/ year in gross income and has $24K per/year in value-add potential. Trust the EXPERTS when looking to buy or sell in NH! FOLLOW US for more info.
The Manchester market is on fire! 🔥 This 3 unit multi-family is under contract at $60K over asking price after just ONE weekend of showings!
Reach out to Principal Broker and multi-family specialist, Nick Gray at (603) 637-4812 to list a multi-family property. #Entrepreneur
We're excited to announce that we have completed a cash-out refinance and new capital raise at Bayberry Green Apartments in Epping, NH. Contact us to stay apprised of our real estate investing activities and to learn more about our brokerage/management services. (603) 637-4812
#quicktip Follow @GrayPropGroup for incredibly useful tips on all things real estate including investing, brokerage and property management. Call us (603) 637-4812 for listing and buying opportunities.
#QuickTip Build healthy relationships with contractors and pay them well. Especially in today’s labor market, you’ll be glad you did when you have an emergency need or a pileup of repair requests.
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NEW LISTING. 784 Chestnut Street in Manchester.
3-unit multifamily in the North End listed at $430K.
8 bedrooms total, $3,450/month gross income.
See link below for details:
https://t.co/8SYMBbqOmY
#QuickTip When screening apartment applicants, require household income greater than 3 times rent, a credit score above 675, and a clean criminal background check. Confirm income with employers and talk to previous landlord references too.
#QuickTip While low-money-down deals are great for portfolio growth, debt must be used responsibly. Always maintained a debt service coverage ratio above 1.33. In other words, make sure revenue is sufficient to cover operating expenses and debt service with a 33% margin.