PROPERTY INVESTMENT

Gray Property Group currently owns and operates 30 apartments in Southern and Seacoast New Hampshire totaling $3.4M in total valuation. Our two most recent deals were re-positions of Liberty Manor Apartments in Derry (12 units) and Bayberry Green Apartments in Epping (8 units).

Our primary investment focal point is Class B, value-add multi-family property located in economically-sound markets. We acquire only assets that are capable of positive cash flow, either at purchase or after improvements. At the present time, we are interested in properties sized at 12 units or greater. 

Our past renovation projects have yielded 200% to 300% paybacks at refinance, meanwhile our stabilized assets consistently earn cash returns and returns on equity above 10% and 16%, respectively.

We encourage prospective sellers and limited partners to reach out to Principal Investor/Broker Nick Gray at ngray@graypropertygroup.com to discuss how we can do business together.