Listing courtesy of Kent White, The Boulos Company 603-427-1333
140 Madbury Road, Durham, NH, 03824
0 beds
1979
Apartment Building
6,300 sqft
140 Madbury Road along with two abutting vacant lots are part of a student housing portfolio consisting of three distinct student-housing investment opportunities. Each property is available individually or as part of the portfolio. Each property features a diverse unit mix, ranging from studios to four-bedroom apartments, meeting the wide variety of preferences within the UNH student housing market. Whether students are seeking a convenient location within walking distance of campus or a quieter setting away from downtown activity, the Properties offer strong appeal. All properties provide onsite parking (available for an additional fee) and onsite laundry. With a long track record of near-100% occupancy, consistent pre-leasing, and average rent growth of approximately 2.4% annually over the past six years, the Properties are well-positioned to continue serving UNH students for years to come. The other properties in the portfolio are 260 & 262 Mast Road MLS#5074763 and 10-14 Strafford Avenue MLS#5074767.
Status:
Pending
Type:
Multi-family
Units:
16
Zoning:
RB
Heating:
Electric
Cooling:
None
Acreage:
0.93
Assessment
$1,500,400
Lot Description:
Level,Neighborhood
MLS #:
5074759