Halstead Manchester, a 640-unit market-priced apartment community on Country Club Drive, has sold for $164.6 million.

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MANCHESTER, NH – A sure sign of the attractiveness of New Hampshire’s multifamily real estate market, Halstead Manchester, a 640-unit market-priced apartment community on Country Club Drive, sold for $164.6 million – a deal that, according to the seller, is the largest single apartment transaction in New Hampshire history.

The Boston-based real estate investment firm has sold the 41-acre community — which is made up of 16 three-story residential buildings and two one-story amenity buildings with two swimming pools — to an undisclosed buyer.

Originally constructed between 1981 and 1985, two of the buildings were completely rebuilt between 2013 and 2014.

Josh Solomon, president of DSF, said the deal shows “the New Hampshire market continues to be the best performing market in all of New England.”

Biria St. John, Simon Butler and John McLaughlin of CBRE Capital Markets represented the seller in the transaction.


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