Investment Overview
Northeast Private Client Group is pleased to present the Main Street Apartments located at 90 Main Street in Allenstown, New Hampshire.
Formerly a hotel, the property now consists of 41 studio apartments with 24 self-storage units and a private parking lot. Tenants enjoy landlord paid utilities and an on-site coin-op laundry facility. Over the last five years there have been significant unit, exterior, and mechanical upgrades.
A new owner has the opportunity to acquire a turnkey, brick-faced building with stabilized apartment rents and upside from storage and laundry. All qualified and interested parties will have the opportunity to receive more detailed information and tour the property during scheduled showings.
Investment Highlights
- 41-Unit Multifamily Property | Studio Apartments
- Outdoor Storage Units | Private Parking Lot
- All Units Updated in Last Four Years
- On-Site Coin-Op Laundry Facility
- Stabilized Rent Roll