Hampton, NH-–The Stubblebine Company/CORFAC International has announced the sale of Appleton Oaks, a 113-unit apartment complex located at 241 Drakeside Road in Hampton, NH, for $31,500,000.
David Berman, James Stubblebine, David Stubblebine, and Zack Hardy of The Stubblebine Company facilitated the transaction, representing the undisclosed seller and directly procuring the buyer, Seabrook Real Estate Partners.
Built in two phases in 2004 and 2005, Appleton Oaks comprises two residential buildings offering a total of 113 units. The property boasts a prime location near Route 95, providing convenient access to Hampton Beach and surrounding areas.
“It was a pleasure representing the seller in this transaction,” said David Berman, Senior Advisor at The Stubblebine Company. “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.”
