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Listed by William Peck of Horvath & Tremblay LLC
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.

More Info

Basic Information

  • StatusPEN
  • List Price$11,400,000
  • Date Price Change08/16/2024
  • MLS Number5010095
  • MLS StatusPending

Property

  • Acreage17.88
  • GarageNo
  • Parking Spaces
  • Lot DescriptionOther
  • Lot119
  • Square Feet36,998
  • APX Fin AG Sqft36,998
  • Road Frontage999
  • AreaNH-Rockingham

Location

  • TownLondonderry
  • StateNH
  • Zip03053
  • CountyRockingham
  • ZoningAR-I
  • Address14, 23-35 Stonehenge Road
  • Flood Zone Y/NNo

Utilities

  • Heat SystemPropane, Baseboard
  • ElectricCircuit Breaker(s)
  • SewerSeptic
  • UtilitiesOther

Building

  • Year Built1972
  • Building ConstructionBrick Exterior, Vinyl Siding
  • Units48
  • # of 2 Bedrooms48
  • BasementOther
  • FoundationOther

Exterior

  • RoofShingle - Asphalt

Amenities

  • PricePerSqFt308.12

Other

  • Seasonal Y/NUnknown
  • Operating Expenses334842
  • Date Listed08/16/2024
  • View Count2

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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 18, 2025 6:22 PM EST

 

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