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10-14 Strafford Ave 67 Unit Apartment Building $10,400,000 ($155,224/Unit) Durham, NH 03824
Investment Highlights
- 2 buildings in total
- 91 beds (maximum occupancy 182)
- On-site laundry
- 67 units
- 80 parking spaces
- 1.2± acres
Executive Summary
10-14 Strafford Avenue located in Durham, NH, is part of a student housing portfolio that consists 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.
Property Facts
| Price | $10,400,000 | Building Class | C |
| Price Per Unit | $155,224 | Lot Size | 1.20 AC |
| Sale Type | Investment | Building Size | 35,570 SF |
| No. Units | 67 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1965/1995 |
| Property Subtype | Apartment | Parking Ratio | 2.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PO - Professional Office District | ||
| Price | $10,400,000 |
| Price Per Unit | $155,224 |
| Sale Type | Investment |
| No. Units | 67 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 35,570 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/1995 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | PO - Professional Office District |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Kitchen
- Refrigerator
- Wi-Fi
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Key Fob Entry
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | RCHE-000120-000406 | Improvements Assessment | $530,200 |
| Land Assessment | $175,600 | Total Assessment | $705,800 |
Property Taxes
Parcel Number
RCHE-000120-000406
Land Assessment
$175,600
Improvements Assessment
$530,200
Total Assessment
$705,800
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10-14 Strafford Ave
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