Building Details

Year built 1900

Listing Agency: Concord, New Hampshire · Better Homes and Gardens Real Estate i***@Masiello.com Show Phone

Listed By: Christina Dominguez Scott Show Phone

Added: May 26 Changed: Oct 2 Last Checked: Oct 10 at 1:06PM

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MLS# 5090998

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,867-square-foot apartment building contains 11 individually rented bedrooms, each with separate rental income, electric baseboard heat, and an individual thermostat. Tenants pay their own heat and electricity. The property was built in 1900 and has received a new heating system, new roof, interior and exterior painting, and additional interior improvements.

Located at 95 Hall Avenue in Henniker, the property includes two on-site parking areas and offers access to local amenities, New England College, Pats Peak Ski Area, and major commuter routes. Long-term tenants and ongoing lease renewals are also part of the current operating profile.

Key Highlights

• 11 individually rented bedrooms with separate rental income
• 3,867 square feet; built in 1900
• New heating system and roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$51,185

Cap Rate

6.66%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,023,700 $1.0M

Cap Rate 7%

$731,214 $731.2K

Cap Rate 9%

$568,722 $568.7K

Market Conditions

NOI Build-Up for 3,867 SF

Gross rent

$97.4K $25.20/SF

− Vacancy

−$4.4K −$1.13/SF

EGI

$93.1K $24.07/SF

− OpEx

−$41.9K −$10.83/SF

NOI

$51.2K $13.24/SF

Area

Merrimack County, NH

Vacancy

4.50%

Lease Rate

$25.20 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,023,700

Cap Rate 7%

$731,214

Cap Rate 9%

$568,722

Alternative Uses

Best Use

Apartment 5plus

$731.2K

$639.8K – $853.1K (±1% cap)

NOI $51,185 @ 7.0% cap · market cap 6.66%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.01M

$881.0K – $1.17M (±1% cap)

NOI $70,482 @ 7.0% cap · market cap 9.17%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Real Estate Agency Furniture & Home Goods Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

191

Businesses Nearby

Explore this area Business Placement

Demographics for 03242, NH

6,185

Population

2,359

Households

2.6

Avg Household Size

28

Median Age

42%

College-Educated

99%

High-School Grad

44.1 sq mi

ZIP Area

140

Density / Sq Mi

$87,344

Median Household Income

$35,662

Median Earnings

$1,073

Median Rent

$317,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Updated multifamily property with separately heated bedrooms and on-site tenant parking.

Where is this apartment building located?

The property is located at 95 Hall Avenue Henniker, NH.

What is the asking price?

The asking price for this property is $769,000.

What are key features of this property?

This property features: 11 individually rented bedrooms with separate rental income; 3,867 square feet; built in 1900; New heating system and roof