Primary listing photo
Listing photo 2

260-262 Mast Road, Durham, NH, 03824

--beds
--baths
49,502sqft
$11,100,000
$224price/sqft
$82,402/moest. monthly cost
$3,296,080/yrincome needed

About This Home

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.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

8/10
10/10
Oyster River High SchoolGrades 9-121.8 mi
8/10
Mast Way SchoolGrades K-43.0 mi

Construction

Condition

  • Year built: 2010

Materials

  • Foundation: Other
  • Roof: Metal,Asphalt Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry

Features

  • Finished area below ground: 9,088
  • Finished area above ground: 40,414

Heating & Cooling

  • Heating features: Electric
  • Cooling features: None

Interior Area

  • Total structure area: 50,525
  • Total interior livable area: 49,502 sqft

Property

Details

  • Parcel number: DRHMM13B5L
  • Zoning description: MUDOR

Features

  • Levels: 3

Lot

  • Lot size: 3.32 Acres
  • Features: Level,Neighborhood

Parking

  • Parking features: Paved