10-14 Strafford Ave - Apartments FOR SALE


Durham, NH 03824
$10,400,000 USD
603-781-6546
10-14 Strafford Ave, Durham, NH for Sale
$10,400,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

10-14 Strafford Ave
Durham, NH 03824


HIGHLIGHTS

  • 2 buildings in total
  • 67 units
  • 91 beds (maximum occupancy 182)
  • 80 parking spaces
  • On-site laundry
  • 1.2± acres

OVERVIEW

10-14 Strafford Avenue located in Durham, NH, is part of a student housing portfolio that consists 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.

FOR SALE DETAILS

PRICE

$10,400,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

67

PRICE/UNIT

$155,224

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

PO

APN/PARCEL ID

27 27,RCHE-000120-000406

ASK ABOUT THIS PROPERTY

Kent WhiteThe Boulos CompanyMore Info
603-781-6546

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Kent WhiteThe Boulos CompanyMore Info
603-781-6546

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.