260-262 Mast Rd, Durham, NH 03824

$11,100,000
49,502
SqFt

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Listing courtesy of Kent White from The Boulos Company. ()

List Price
$11,100,000
Status
ACTIVE
MLS#
5074763
Subtype
Residential Income
Style
Apartment
Year Built
2010
Living Area
49,502
Lot Size
144,619
Acres
3.32

Property Description

260 & 262 Mast Road 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 140 Madbury Road MLS#5074759 (140 MADBURY ROAD IS CURRENTLY UNDER CONTRACT.) and 10-14 Strafford Avenue MLS#5074767.

Additional Information

Property Description
Apartment
Zoning
MUDOR
Heating
Electric
Air Conditioning
None
Levels
Three Or More
Roof
Metal, Asphalt
Foundation
Other

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Calculator source: Real Geeks

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