$2,050,000 ($325.40 per sqft)

Pending

Est. Mortgage $9,833/mo *

Quick Pre-Approval

Listing courtesy of Kent White, The Boulos Company 603-427-1333


140 Madbury Road, Durham, NH, 03824

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


Community Info

School Info

Walk Score

Mass Transit

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