Student Housing Apartment
For Sale
$2,050,000
Pending
140 Madbury Rd, Durham, NH 03824
Studios through four-bedroom apartments support varied student household needs.
Property SizeContact for details
Days on Market130
Property Features for 140 Madbury Rd
General Information
Standard status
Pending
Property subtype
Investment
Amenities
onsite parking
onsite laundry
Building Details
Year Built
1979
Units
16
Listing Agency:
The Boulos Company
(603) 570-2680
Listed By:
Caitlin Burke · License #071626
(603) 570-2680
Source:
Elliman
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 30 at 11:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company
Investment Insights
Based on property information with market context.
This apartment property is configured for student housing, with a unit mix spanning studios through four-bedroom apartments. Onsite laundry and parking are provided, with parking available for an additional fee. The property is zoned RB and is associated with the UNH student housing market in Durham.
The asset is part of a three-property student housing portfolio, with each property offered separately or together. The portfolio has recorded near-100% occupancy, consistent pre-leasing, and average rent growth of approximately 2.4% annually over the past six years. Its setting is described as serving students seeking either proximity to campus or a quieter environment away from downtown activity.
The asset is part of a three-property student housing portfolio, with each property offered separately or together. The portfolio has recorded near-100% occupancy, consistent pre-leasing, and average rent growth of approximately 2.4% annually over the past six years. Its setting is described as serving students seeking either proximity to campus or a quieter environment away from downtown activity.
Key Highlights
- Unit mix ranges from studios to four‑bedroom apartments
- Onsite laundry and parking; parking is available for an additional fee
- Zoned RB
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 03824, NH
15,498
Population
3,884
Households
4
Avg Household Size
25
Median Age
78%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
692
Density / Sq Mi
$126,658
Median Household Income
$7,978
Median Earnings
$1,432
Median Rent
$469,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Studios through four-bedroom apartments support varied student household needs.
Where is this apartment building located?
The property is located at 140 Madbury Rd Durham, NH.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Unit mix ranges from studios to four‑bedroom apartments; Onsite laundry and parking; parking is available for an additional fee; Zoned RB
