123 Rooming House Way

Plymouth NH 03264

5548 sq. ft.

7405 sq. ft.

Other

Currently for sale - view listing

Overview

Turnkey high-cash-flow opportunity leased through May 2027. This legal 16-bedroom, 5.5 bath student rooming house bordering campus offers strong in-place income, and consistent occupancy history, with an estimated Cap Rate of 10+%. Featuring 5,500+ SF with private furnished bedrooms designed for efficient shared living easily managed with several remote-management systems. Occupants enjoy a community kitchen with 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher, business class Wi-Fi, premium cable and reverse-osmosis water dispenser. Commercial-grade laundry room with 2 card app washers & 2 gas dryers. Extensive renovations in 2017/2018 including efficient supplemental electric wall units, new boiler in 2023. metal roof on part of building and vinyl replacement windows. Rare opportunity to acquire a stabilized, fully operational student housing asset with strong rental demand, modern building systems, and minimal day-to-day management requirements.

Features

16 bedrooms

6 bathrooms

11 carspaces

11 open car spaces

5548 sq. ft. floor area

7405 sq. ft. lot size

Other

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Sold

For Sale

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Adeline Matton & Team

at Aluxety

View listing

Sales:: (619) 566-0008

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