518 Ocean Blvd - Multi-Family FOR SALE


Hampton, NH 03842
$1,350,000 USD
603-617-0252
518 Ocean Blvd, Hampton, NH for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

518 Ocean Blvd
Hampton, NH 03842


HIGHLIGHTS

  • 9 total units
  • Featuring a spacious 2nd floor, 4-bedroom apartment with private deck and ocean views
  • Remaining units are a mix of studio, 1, and 2-bedroom apartments
  • Versatile investment opportunity to continue with year-round rentals or convert

OVERVIEW

4,265± SF multifamily property available for sale in the highly desirable Boar’s Head neighborhood in Hampton, NH. 9 total units featuring a spacious 2nd floor, 4-bedroom apartment with private deck and ocean views; remaining units are a mix of studio, 1, and 2-bedroom apartments. Currently occupied by 7 long-term tenants-at-will at below-market rents, plus 1 vacant vacation rental, and the owner’s 2nd floor unit. Ample on-site parking for up to 13 vehicles. Surrounded by luxury homes with views of Hampton Beach. Versatile investment opportunity to continue with year-round rentals, convert to seasonal vacation rentals, or redevelop into single-family homes or condominiums. Located right off Route 1A, easily accessible to I-95 and Routes 1 and 101.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

9

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1830

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Beach Commercial

APN/PARCEL ID

HMPT M:255 B:2

ASK ABOUT THIS PROPERTY

Andrew WardColliersMore Info
603-617-0252

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Andrew WardColliersMore Info
603-617-0252

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