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Gray Sells 784 Chestnut Street In One Weekend

As listing broker, Nick Gray has placed 784 Chestnut Street in Manchester under contract. In just one weekend, Nick conducted 20 showings and secured a signed purchase contract for this North End 3-unit multi-family at $60K over asking price. This property boasts significant value-add potential and a cosmetic renovation could push annual gross income from

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Gray Brokers 8-Unit Multi-Family Acquisition in Berlin

Serving as the buyer’s broker, Nick Gray has placed this 8-unit multi-family in Berlin under contract for his investor client. Nick assisted his client in underwriting the property’s performance and in negotiating key seller concessions during the early phases during the inspection contingency period. This property currently produces over $60K/year in gross income and has

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Gray Completes Bayberry Green Apartments Renovation

Gray Property Group has completed its renovation and re-tenanting of 8 townhouses at Bayberry Green Apartments in Epping. These 2-bed, 1-bath, 980 SF units received stainless steel appliances, white kitchen cabinets, a combination of laminate and vinyl plank flooring, in-unit washer/dryer sets, and walk-in bedroom closets. White vinyl privacy fencing will be erected on the

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Gray Closes on Epping 8-Unit Townhouse Development

In September 2020, Gray Property Group added another property to its portfolio, this time an 8-unit set of townhouses at 9 Bayberry Lane in Epping. The Property, purchased for $850K ($106K/unit), is comprised of eight 950 SF, 2-bedroom, 1-bathroom double-decker townhouses that currently rent for an average of $1,450/month. At the time of acquisition, annual

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Gray Moves Towards Closing On Derry 12-Unit

  Gray Property Group is pleased to announce that it has completed due diligence and secured financing for its latest acquisition, a 12-unit apartment building at 6 Old Chester Road in Derry. The Property, under contract at $520K ($43K/unit), represents a huge value-add opportunity. Despite full occupancy and sound structural integrity, the building is in

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