14, 23-35 Stonehenge RD Under Contract

Londonderry,NH 03053

$ 11400000

- Bed

- Bath

36998 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 36,998 sqft

Price per Sqft $308

MLS Listing ID 5010095

Year Built 1972

Lot Size 17.880 Acres

Property Description

Stonehenge at Londonderry is comprised of forty-eight 2-Bedroom/1-Bathroom residential units spread across eight three-story buildings with 100 parking spaces. The majority of units at Stonehenge have been renovated with modern finishes, which include kitchens with granite countertops and stainless-steel appliances as well as renovated bathrooms. Tenant amenities include an on-site laundry facility, as well as ample green space. Each unit is separately metered for electricity, which the tenants pay directly. The Landlord is responsible for common area electric, propane fired heat and hot water, public town water, and maintaining the private septic systems. The in-place rents are significantly below market rates; the opportunity exists to increase rental rates in a highly desirable residential market positioned in between Manchester and Derry, two of the largest markets in New Hampshire. PROPERTIES ARE NOT BEING OFFERED INDIVIDUALLY AND MUST BE PURCHASED AS A PACKAGE. INDIVIDUAL MLS LISTINGS ARE A REQUIREMENT OF PARAGON AND ARE NOT INTENDED AS AN OFFERING FOR EACH INDIVIDUAL PROPERTY.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning AR-I

Rooms

Basement Entrance Walkout

Interior

Heating Gas - LP/Bottle

Cooling Wall AC Units

Exterior

Utilities Available Other

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Other

Sewer Septic

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