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    Property profile & analytics
    OFF-MARKET Estimated value $1,615,000
    Commercial real estate

    12-16 Jenkins Ct, Durham, NH 03824

    9,254 SF 0.28 ac lot Built 1927
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US58-0197879
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1927
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 9,254 SF
    Lot 0.28 ac (12,197 SF)
    Zoning code CB
    APN DRHM M:106 L:65
    UPID US58-0197879
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.43M
    Comparable Approach Comparable
    $1.79M
    Blend (final) Blend
    $1.62M
    Owner & transaction history
    Slania Ents INC
    Slania Ents INC
    4 recorded transactions
    1969
    1969
    1969
    1969
    Zoning & alternative use
    CB · Durham, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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