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12 Jenkins Ct

20,630 SF 100% Leased Office Building Durham, NH 03824 £6,732,600 (£326/SF) 6.73% Net Initial Yield

Investment Highlights

  • Apartments are primarily leased to UNH students.
  • Seven of the 12 units already pre-leased for 2025 – 2026.
  • Newly added commercial tenant recently completed significant renovations at their own expense.
  • All apartments are fully leased for the 2024 – 2025 academic year.
  • Commercial space is anchored by two long-term tenants.

Executive Summary

Located in the heart of downtown Durham, NH, 12 – 16 Jenkins Court is just steps from the University of New Hampshire (UNH) and within walking distance of all downtown amenities. This property consists of three mixed-use buildings, featuring four ground-floor commercial tenants and 12 apartments – 11 above and one on the lower level. With a 30+ year track record of 99% occupancy, this turn-key investment property offers strong potential for continued rent growth and future appreciation.
For more information a signed NDA is required.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
20,630 SF
Building Class
C
Year Built
1927
Price
£6,732,600
Price Per SF
£326
Net Initial Yield
6.73%
NOI
£453,104
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
6,877 SF
Slab to Slab
10 ft
Building FAR
1.75
Lot Size
0.27 AC
Zoning
CB - Central Business
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DRHM-000004-000009
Land Assessment
£1,507,141
Improvements Assessment
£1,796,963
Total Assessment
£3,304,104
  • Listing ID: 34414272

  • Date on Market: 08/01/2025

  • Last Updated:

  • Address: 12 Jenkins Ct, Durham, NH 03824

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