Full details for Other For Sale in Madbury, New Hampshire

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Description

This is an existing 10 unit property with an additional 11 units approved in the Madbury center. The approvals lose 2 existing units for a net of 19 total units. These 3 and 4 bedroom units are ideal for student housing (current use) or could be market rate family housing. The existing income (NOI) is very strong providing income while adding a new building. With plenty of parking on site and easy walking distance to miles of trails , the elementary school and associated community ball fields, this property has a lot of benefits. Only a 5 minute drive the University of New Hampshire Campus, and to Dover, and 15 minutes to the Portsmouth Circle, this is ideally located in the Seacoast. The building with approvals to be constructed will include 1 single building with 10; 4, 3, and 2 bedroom units to be built. Back to listing