260-262 Mast Road
260-262 Mast Road photo 2
2 photos

$11,100,000

260-262 Mast Road
Durham, NH 03824
Listed by Kent White · The Boulos Company
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2010

About this home

260 & 262 Mast Road are part of a student housing portfolio consisting of three distinct student-housing investment opportunities. Each property is available individually or as part of the portfolio. Each property features a diverse unit mix, ranging from studios to four-bedroom apartments, meeting the wide variety of preferences within the UNH student housing market. Whether students are seeking a convenient location within walking distance of campus or a quieter setting away from downtown activity, the Properties offer strong appeal. All properties provide onsite parking (available for an additional fee) and onsite laundry. 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, the Properties are well-positioned to continue serving UNH students for years to come. The other properties in the portfolio are 140 Madbury Road MLS#5074759 (140 MADBURY ROAD IS CURRENTLY UNDER CONTRACT.) and 10-14 Strafford Avenue MLS#5074767.

Property details

MLS #
5074763
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
203
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
3.32 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Moharimet School
1.91 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
291
Student:teacher ratio
11.6:1
District
Oyster River Coop School District
Middle
Oyster River Middle School
1.41 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
629
Student:teacher ratio
10.3:1
District
Oyster River Coop School District
High
Oyster River High School
1.75 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
858
Student:teacher ratio
13.0:1
District
Oyster River Coop School District

Mortgage calculator

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Est. monthly payment
$66,996/mo
$2,220,000 down
$8,880,000 loan
Principal & interest$57,596
Property tax (est.)$9,250
Home insurance (est.)$150

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