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140 Madbury Rd

durham, NH 03824

$2,050,000

  • Contract signed

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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.

Details

0.93 Private Acres Lot Size

investment

Built in 1979

MLS/Listing ID 5074759

16 Units

Amenities & Features

Construction - Wood Frame

Heating - Electric

Lot - Level

Interested In 140 Madbury Rd?