101 Main Street – Keene, NH

Key Metrics

• Rent Improvements:

• Renovated Unit 15 into a 2-bedroom (+$350/month rent)

   

• Converted Unit 20 into Airbnb with higher short-term returns
• Valuation Gain: $250K+ since purchase

Strategic Narrative

We acquired this stabilized 18-unit mixed-use property in the heart of Keene for less than the previous owner paid years ago. This prime location offers a unique mix of residential and commercial tenants with strong demand.

Why This Deal Made Sense:

• Immediate equity upside on purchase
  
• Diversified rent roll (residential + commercial + short-term rental)
  
• Powerful cost segregation benefits for investors
  
• Opportunity to add value through renovations and repositioning

What We’ve Improved:

• Upgraded Unit 15 and repositioned Unit 20 into Airbnb
  
• Ongoing improvements planned as units turn over

Biggest Lesson:
➡️ Have to play big to win big — large stabilized assets can deliver both cash flow and equity growth.

Investment Snapshot

Strategy:

 Buy & Hold + Cost Segregation + Value-Add

CapEx Invested:

Selective unit renovations (Unit 15 + Unit 20)

Tax Advantage:

Major cost segregation play delivering significant tax savings

Refi Plan:

Cash-out refinance targeted for Year 5

3D Tour

After 3D Tour

Mixed-Use Building (18 Units)

August 2025 for $2.75M

$3M

75% LTV financing