Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Seabrook Acquires Apartments in Coastal New Hampshire
The Stubblebine Company/CORFAC International brokered the sale of Appleton Oaks, a 113-unit apartment complex located at 241 Drakeside Rd. in the coastal town of Hampton, NH, for $31,500,000. David Berman, James Stubblebine and David Stubblebine and Zack Hardy of The Stubblebine Company represented the undisclosed seller and directly procured the buyer, Boston-based Seabrook Real Estate Partners.
Appleton Oaks was constructed in two phases in 2004 and 2005 and encompasses two buildings. It is located near I-95 and offers quick access to Hampton Beach.
Berman said, “It was a pleasure representing the seller in this transaction. Our team ran a highly competitive marketing process, which garnered serious interest from multiple highly qualified buyers. Both the seller and buyer demonstrated a high level of professionalism from start to finish; we congratulate both parties on a successful transaction.”
- ◦Sale/Acquisition
