Apartment Buildings /NH /Strafford County /Durham /50 Madbury Rd
Apartment Buildings /NH /Strafford County /Durham /50 Madbury Rd

50 Madbury Rd - Apartments FOR SALE


Durham, NH 03824 | 
$850,000 USD
603-319-4660
50 Madbury Rd, Durham, NH for Sale
$850,000 USD
Apartments - FOR SALE
1/6
null | 7.53% Cap Rate
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50 Madbury Rd
Durham, NH 03824

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HIGHLIGHTS

  • Income-producing property currently configured for student housing.
  • Walkable location near Downtown Durham and the University of New Hampshire.
  • Established rental history with existing student occupancy.

OVERVIEW

Well maintained boarding house currently used for eight students. Large lot w/parking, walk to downtown, great rental history. Current NOI is $64,000. See broker for financial info

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

7.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RA

APN/PARCEL ID

DRHM M:106 L:30

ASK ABOUT THIS PROPERTY

Robert MarchewkaCompass New EnglandMore Info
603-319-4660

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Robert MarchewkaCompass New EnglandMore Info
603-319-4660

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

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