260 & 262 Mast Road

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Address: 260 & 262 Mast Road
Boston & New England + Apartment Buildings
Created date: January 22, 2026
Date last updated: August 3, 2026
Price: $11,100,000Investment Analyzer NEW!
  • 3 buildings in total
  • 42 units
  • 113 beds (maximum occupancy 226)
  • 70 parking spaces
  • On-site laundry
  • 3.32± acres

Property Description

260 & 262 Mast Road offers a well-diversified unit mix ranging from studios to four-bedroom apartments, appealing to the broad spectrum of housing preferences within the University of New Hampshire student market. The property features onsite laundry facilities and ample onsite parking, with parking available to tenants for an additional fee. The asset has a proven track record of exceptional operating performance, consistently maintaining near-100% occupancy, strong pre-leasing activity, and average annual rent growth of approximately 2.4% over the past six years. These strong fundamentals position the property to continue benefiting from the sustained demand for off-campus student housing. The offering includes both 260 and 262 Mast Road, comprising a total of 42 apartment units and 113 beds. Leases are structured with tenants responsible for their individual electric service, while all other operating expenses are included in the rent. WiFi is also included except for two units. The property is being offered at a 7.8% capitalization rate based on the forecasted NOI, presenting investors with an opportunity to acquire a stabilized, high-performing student housing asset in a proven rental market.
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Broker Details

Kent White
Kent White

The Boulos Company 603-570-2699

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $11,100,000
No. of Units: 42
Lot Size: 3.32 Acres
Opportunity Zone: No
Price per unit: $264,286
Property Website Click Here
Address: 260 & 262 Mast Road, Durham, NH 03824, USA
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