12-16 Jenkins Ct, Durham, NH 03824
This exceptional investment opportunity presents a portfolio of three mixed-use buildings situated in the vibrant heart of Durham, New Hampshire. Located at 12-16 Jenkins Court, the property enjoys a highly desirable location, just steps from the University of New Hampshire and within easy walking distance of all downtown amenities. The portfolio comprises a total of twelve apartments – eleven on upper levels and one on a lower level – providing consistent rental income. Four ground-floor commercial spaces are currently occupied by thriving businesses, contributing to the property's robust financial performance. This turn-key investment boasts a remarkable occupancy rate exceeding 99% over 30+ years, demonstrating its enduring appeal and strong potential for future growth. The 0.28-acre lot provides ample space for the existing buildings and offers potential for future development, subject to local regulations. The property's consistent high occupancy and prime location make it an attractive investment for those seeking a stable, high-yield return. Financial details and further information are available upon execution of a non-disclosure agreement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CB · Durham, NHDurham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.