Student Housing Apartment
260 & 262 Mast Road Durham, NH 03824
260 & 262 Mast Road, Durham, NH, 03824
$11,100,000
For Sale
$11,100,000
Three-building portfolio with studios through four-bedroom units, onsite laundry, and parking designed for consistent UNH student leasing.
Lot Size3.32 Acres
Days on Market49
Property Features for 260 & 262 Mast Road
General Information
- Standard status
- Active
- Lot size
- 3.32 Acres
- Property subtype
- Student Housing
Listing Agency
The Boulos Company
(603) 781-6546
Listed by
Kent White · License #071626
(603) 781-6546
Source
Boulos
Added: Jun 2 Updated: Jul 10 at 1:47 pm Checked: Jul 19 at 4:11 am
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Investment Insights
Based on property information with market context.
260 & 262 Mast Road offers a student housing investment opportunity within a three-building portfolio. The property features a diverse unit mix, ranging from studios to four-bedroom apartments, supporting a range of student preferences. The buildings are supported by onsite laundry and onsite parking, with parking available for an additional fee. The portfolio has operated 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.
Each property can be acquired individually or as part of the overall portfolio. The investment is positioned to serve UNH students looking for either convenience within walking distance of campus or a quieter setting away from downtown activity, creating flexible appeal across tenant preferences. The overall portfolio totals three buildings, 42 units, and 113 beds, with onsite laundry and 70 parking spaces.
This is a practical fit for investors seeking stabilized student-oriented multifamily housing with repeatable operations. With a unit mix spanning studios through four-bedroom apartments, the asset can accommodate multiple household compositions typically seen in student housing demand. Buyers and operators also benefit from established leasing performance reflected in near-full occupancy and consistent pre-leasing results.
Each property can be acquired individually or as part of the overall portfolio. The investment is positioned to serve UNH students looking for either convenience within walking distance of campus or a quieter setting away from downtown activity, creating flexible appeal across tenant preferences. The overall portfolio totals three buildings, 42 units, and 113 beds, with onsite laundry and 70 parking spaces.
This is a practical fit for investors seeking stabilized student-oriented multifamily housing with repeatable operations. With a unit mix spanning studios through four-bedroom apartments, the asset can accommodate multiple household compositions typically seen in student housing demand. Buyers and operators also benefit from established leasing performance reflected in near-full occupancy and consistent pre-leasing results.
Key Highlights
- Three‑building student housing portfolio in Durham, NH with 42 units and 113 beds (maximum occupancy 226)
- Unit mix ranges from studios to four‑bedroom apartments
- On‑site laundry available at the properties
Property Analytics
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FAQs
What type of property is this?
Apartment building - Three-building portfolio with studios through four-bedroom units, onsite laundry, and parking designed for consistent UNH student leasing.
Where is this apartment building located?
The property is located at 260 & 262 Mast Road Durham, NH.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: Three‑building student housing portfolio in Durham, NH with 42 units and 113 beds (maximum occupancy 226); Unit mix ranges from studios to four‑bedroom apartments; On‑site laundry available at the properties