274 Newmarket Rd, Durham, NH 03824

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Building Details:

• Year Built: 1850

PROPERTY CONSISTS OF 14 CURRENT STUDENT RESIDENTS, FULL CAPACITY OF EXISTING DWELLING IS 21 STUDENTS. FULL OCCUPANCY OF 21 STUDENTS ESTIMATED TO INCREASE INCOME BY $47,460 ANNUALLY. PLUS APPROVALS IN PLACE TO EXPAND RESIDENCY FOR AN ADDITIONAL 24 RESIDENTS ON THE BUILD OUT ON 2 THREE UNIT STRUCTURES. PROPOSED CONSTRUCTION OF ADDITIONAL UNITS WILL GENERATE AN ADDED $162,700 GAI, ABOVE CURRENT ANNUAL INCOME, UPON COMPLETION. 0% VACANCY RATE REPORTED FOR THE PAST 7 YRS. PLANNED EXPANSION OF RTE 108 W/ADJACENT PATH & WALKWAY, ONCE COMPLETED, WILL ENHANCE MARKETABLIITY. ATTRACTIVE PARTIAL SELLER FINANCING OFFERED TO QUALIFIED BUYERS.