Portsmouth apartment property sells for $1M

Doud Realty Services has bought the Edison Apartments

Published March 12, 2021 by Rich Griset

Portsmouth property management company Doud Realty Services Inc. has purchased the Edison Apartments in Portsmouth for $1 million as part of a 1031 tax-deferred exchange.

The 16-unit multifamily property is located at 219-249 Edison Ave. Clark Simpson of Cushman & Wakefield | Thalhimer Capital Markets Group handled the sale negotiations on behalf of the seller, Edison Avenue Partners LLC.

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