275-279 Mast Rd, Durham, NH 03824
Listing Courtesy of : Paula Igoe from Arthur Thomas Properties
- $2,750,000
- 8,484
- SqFt
- List Price
- $2,750,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 5087830
- Living Area
- 8,484
- Lot Size (Acres)
- 1.97
- Style
- Multi-Family
- Year Built
- 2010
Property Description
An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire’s most sought-after college communities.
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Additional Information
- Taxes
- $37,683
- Parking Features
- On Site, Paved
- Water Source
- Drilled Well
- Roof
- Asphalt
- Water
- Drilled Well
- Sewer
- Public Sewer
- Middle School
- Oyster River Middle School
- High School
- Oyster River High School
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