For Sale
$8,400,000

12-16 Jenkins CtDurham, NH 03824

High-Yield Investment, Prime Location

Overview

Added:
Feb 3
Days on market:
61
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 Details for 12-16 Jenkins Ct

Property type
Year Built
1927
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Durham
County
Strafford
State
New Hampshire
Latitude
43.13492
Longitude
-70.92602
12-16 Jenkins Ct, Durham, New Hampshire

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12-16 Jenkins Ct
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