Uncategorized

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 […]

Gray Closes on Epping 8-Unit Townhouse Development Read More »

Gray Completes Liberty Manor Apartments Renovation

Gray Property Group is pleased to announce that it has completed the renovation of 6 Old Chester Road in Derry, now known as Liberty Manor Apartments. The Property, purchased in August 2019 for $520K, was fully renovated in stages over six months at a cost of $300K. The building’s annual rents were nearly doubled from

Gray Completes Liberty Manor Apartments Renovation Read More »

Gray Completes Liberty Manor Apartments Renovation

Gray Property Group is pleased to announce that it has completed the renovation of 6 Old Chester Road in Derry, now known as Liberty Manor Apartments. The Property, purchased in August 2019 for $520K, was fully renovated in stages over six months at a cost of $300K. The building’s annual rents were nearly doubled from

Gray Completes Liberty Manor Apartments Renovation Read More »

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

Gray Moves Towards Closing On Derry 12-Unit Read More »

NUMBERS DON'T LIE

Master the numbers on your next real estate deal.

Get our FREE property financial model!