260-262 Mast Road, Durham, NH 03824
NH-Strafford County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Apartment Building
Year Built
2010
Stories
3
Living Area
50,525 sq ft
Lot Size
3.32 acres
Zoning
MUDOR
Days on Market
20
MLS® Listing#
5074763
Property Features
Cooling
Heating
Basement
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Affordability Calculator
$2,220,000
Estimated monthly payment
$59,079/mo
Principal $8,880,000 · Est. interest $12,388,390 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Durham, NH
- $887,500
- Median Listing Price
- 79
- Median Days on Market
- 1,991
- Median Sq Ft
- $387
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 1151% above the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Durham, NH.
Location
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Points of Interest in Durham, NH
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10-14 Strafford Avenue, Durham, NH | $10,400,000 | — | — | 46,178 |
| 10-14 Strafford Avenue, Durham, NH | $10,400,000 | — | — | 46,178 |
