The DSF Group Affiliate Pays $122M for 450-Unit Multifamily in Manchester
CBRE has arranged the $121.5-million sale of Countryside Village, a 448-unit garden style apartment community in Manchester, NH.
A CBRE team of Simon Butler, Biria St. John and John McLaughlin represented the seller, Merion Countryside LP, an affiliate of Merion Realty Partners from Wynnewood, PA. The team also procured the buyer, Village Circle Way Owner LLC, an affiliate of The DSF Group from Boston, MA.
Completed in two phases between 1986 and 1987, Countryside Village is comprised of 17 three-story and four-story residential buildings and a 7,000-square-foot clubhouse. There are a mix of one-, two-, and three-bedroom apartment homes, with 20% recently renovated.
Countryside Village is located in the greater Manchester employment market and offers easy access to both I-93 and I-293, as well as numerous retail amenities.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!