Londonderry, NH14,23-35 Stonehenge Road
Price$11,400,000
Est. Mortgage: $/month
MLS Number 5010095
- Multifamily
- Units 48
- Acreage 17.88
- Square Feet 36,998
- Utilities Other
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.
Listed by William Peck of Horvath & Tremblay LLC
