Nick Gray is a real estate investor / broker and the founder of Gray Property Group, a vertically-integrated full-service multifamily real estate firm based in New Hampshire. Nick is also an activist in local government and an officer in the New Hampshire Air National Guard

Nick helps others achieve financial freedom through real estate.

Schedule an appointment with Nick today.

Nick Gray Is The Most Accomplished Real Estate Investor/Broker under 30 Years Old In New Hampshire & Northern Massachusetts

Nick owns and operates Gray Property Group, a real estate investment, brokerage, and management firm with 30 apartment units worth $3.9M under ownership and dozens more units under management . As a broker, Nick specializes in multifamily sales/leasing and also services the commercial office market.

Real Estate


At age 28, Nick is the most accomplished real estate professional under 30.

Nick Gray is a real estate investor / broker based in New Hampshire and the founder of Gray Property Group. Since 2019, Nick has acquired and renovated 8 multi-family properties totaling $7M in multi-family assets and has established a premier brokerage and property management operation to serve fellow Granite State investors. Prior to entering real estate, Nick worked as an aerospace engineer at Pratt & Whitney where he designed turbine blades for the jet engines onboard the F-35 Joint Strike Fighter and the Black Hawk helicopter.

Nick prides himself as an active citizen and devotes significant time to advancing worthy causes in the local community. He served for several years on the Exeter Planning Board and Budget Committee and is also active in the Knights of Columbus. In addition, Nick is a First Lieutenant in the New Hampshire Air National Guard.

Nick holds M.S. and B.S. degrees in mechanical and aerospace engineering from Stanford and Cornell, respectively, and is a preparatory school graduate of Phillips Exeter Academy. He completed his undergraduate work at Cornell in just three years, magna cum laude and Tau Beta Pi.

Gray Property Group is a full-service real estate investment, brokerage, and management firm specializing in multi-family and commercial properties throughout Southern and Seacoast New Hampshire. Founded in 2019, the Company owns and operates $7.3M of real estate and manages over $17.5M in total assets. On the brokerage front, Gray Property Group caters exclusively to fellow investors and is proud to have achieved multiple record sales for seller clients and secured many below-market deals for buyer clients.

As a vertically integrated real estate firm, Gray Property Group is a one-stop-shop for all of your real estate needs: investment, brokerage, and management. Whether you are looking to buy/sell multifamily or commercial real estate, invest as a limited partner in an apartment deal, or place your properties under management, we have you covered.


Looking to earn passive income in real estate? Nick has established a solid track record of finding, buying, and renovating multi-family properties that cashflow over 12% per year. Reach out to Nick about investing in his next deal.


In the market to sell an investment property or buy your next one? Nick has the investment experience to strategically sell properties for top-dollar and find undervalued properties for purchase. Leverage Nick’s expertise and enjoy the profits.


Landlording can be a drag without a talented team and effective systems in place. Have Gray Property Group professionally manage your property to maximize your cashflow and minimize your hassles.

Schedule an appointment to get started


Raising The Standard

Nick Gray is transforming New Hampshire into a better place one property at a time.

Contact Nick today to become part of his mission.

What Sets Nick Apart

An Engineer’s Approach

What sets Nick apart is his unmatched analytical ability. As a Stanford and Cornell trained aerospace engineer, Nick has a mastery of quantitative reasoning that enables him to see the real estate industry differently than others. His rigorous approach to problem solving allows him to value properties with the utmost accuracy and creatively structure deals that otherwise couldn’t happen. No matter what you’re looking to do in real estate, you want Nick’s engineering mind on your team.


We have really enjoyed our experience living at one of Gray Property Group’s properties.

We have really enjoyed our experience living at one of Gray Property Group’s properties. Nick is very responsive and does his best to respond to anything that comes up. The renovations came out great - I have seen the before photos!

April Barker

Nick and team are a well-oiled machine. He is kind, responsive, and efficient. I appreciate the attention to detail and am very pleased with my decision to invest in the Bayberry Green property.

Trevor Marrero

We have been tenants for several years now. While we have experienced no issues, any questions or concerns have received an immediate response. We have been quite pleased with our accommodations.

Jamie Lemire

Nick was instrumental in the process of leasing our first space. As a small business in a competitive business we had certain check lists that we wanted, and Nick checked them all for us. I wouldn't recommend anyone else!

Cody Belanger

Get Updates

Nick’s Blog

Read Nick’s articles for the latest on real estate market events and upcoming Gray Property Group deals.

5 Reasons You Should Invest In Multi-Family Homes


The ability to leverage the asset is one of the major benefits of investing in real estate. When it comes to real estate, leverage refers to the ability to move more money with less effort. Imagine how this works in practice: to acquire $1 million worth of stocks, you will need $1 million in cash on hand. However, for a $1 million rental property, you only need $250,000 - the rest would require a mortgage. Leverage can be useful when spending money on multifamily housing as it increases your average rate of return. ( Note: This also increases your risk when you are borrowing against the assets and paying interest on the loan.


Investing in multifamily properties allows you to grow your real estate portfolio faster than when you are investing in one-off single-family rental portfolios. Along with that as discussed above, leverage enhances the ability to scale. For instance, if you have $1 Million in cash on hand you could invest $250,000 in four properties worth $1 million each and have the cash flow from the rentals pay off the loan, and over the time, you would have a $4 million portfolio! Commonly used by investors to scale their portfolios.

Tax Benefits

Multi-Family real estate comes under the most tax advantaged assets bracket with the two biggest benefits being mortgage interest deduction and depreciation. As larger investment properties require large mortgages at 5%+ interest rates, this results in a high annual deduction exclusively for multi family investors. Amongst these depreciation being the ultimate tax shelters for rental property owners. The premise here is that properties depreciate over time even if they are actually appreciating in value and it also covers the properties ‘wear and tear’ or exhaustion over time.


Other than the abundant cash flow potential, the vast appreciation potential of multi-family prptiperries is the primary reason investors prefer it. Whilst instant upsticks are rare, those that hold for long periods will eventually benefit to some degree of appreciation given the routine inflation. With that being said, those who add value to multifamily properties available upgrading systems and improve the properties can reap outsized returns by selling to investors looking for a yield. Other than that appreciation also enhances your investment portfolio.

Passive Income

Lastly, investing in multi-family rental properties gives way to generate passive income. This is a great opportunity to build wealth. In short, once the property is rented and generating the cash flow, as an investor you can sit back and collect the rent payments without having to lift a finger.

Maximize Your Price & Minimize Your Anxiety With Nick Gray

News & Announcements

Sign up for Nick’s newsletter and never miss a beat on the New Hampshire real estate market.

Real Estate Investment, Sales, & Management

1650 Elm Street, Suite 401 Manchester, NH 03101


Master the numbers on your next real estate deal.

Get our FREE property financial model!