12 Jenkins Ct - Office FOR SALE


Durham, NH 03824
$8,400,000 USD
603-781-6546
12 Jenkins Ct, Durham, NH for Sale
$8,400,000 USD
Office - FOR SALE
1/5
null | 6.73% Cap Rate

12 Jenkins Ct
Durham, NH 03824


HIGHLIGHTS

  • Apartments are primarily leased to UNH students.
  • All apartments are fully leased for the 2024 – 2025 academic year.
  • Seven of the 12 units already pre-leased for 2025 – 2026.
  • Commercial space is anchored by two long-term tenants.
  • Newly added commercial tenant recently completed significant renovations at their own expense.

OVERVIEW

Located in the heart of downtown Durham, NH, 12 – 16 Jenkins Court is just steps from the University of New Hampshire (UNH) and within walking distance of all downtown amenities. This property consists of three mixed-use buildings, featuring four ground-floor commercial tenants and 12 apartments – 11 above and one on the lower level. With a 30+ year track record of 99% occupancy, this turn-key investment property offers strong potential for continued rent growth and future appreciation. For more information a signed NDA is required.

FOR SALE DETAILS

PRICE

$8,400,000 USD

PRICE/SF

$940 USD /SF

CAP RATE

6.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

CB

APN/PARCEL ID

DRHM-000004-000009

ASK ABOUT THIS PROPERTY

Kent WhiteThe Boulos CompanyMore Info
603-781-6546

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Kent WhiteThe Boulos CompanyMore Info
603-781-6546

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.