Tuesday, February 21, 2012

Purchased and Under Construction: 48-50 Raleigh Way, Portsmouth, NH

In a joint venture with a capital partner we purchased a duplex in the Atlantic Heights development in downtown Portsmouth, NH two weeks ago.  Just over a year ago we purchased, renovated, and sold a similar duplex from the same seller two streets over providing us with valuable knowledge of what these buildings require for work.  The plans include a complete renovation of the property and we will then split them to separate units and list on the market.  Expected time to complete is 5-6 weeks.   

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