$ 11,400,000
14, 23-35 Stonehenge RD Londonderry, NH 03053
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Listed by William Peck • Horvath & Tremblay LLC
$ 11,400,000
Est. payment | /mo
36,998 SqFt
$ 11,400,000
Est. payment | /mo
36,998 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
Construction Status Existing
Year Built 1972
Lot Size 17.880 Acres
Acres 17.88
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
Basement Other
Interior
Heating Gas - LP/Bottle
Cooling Wall AC Units
Exterior
Utilities Available Other
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Other
Sewer Septic
Construction Status Existing
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