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Plymouth Student Housing Portfolio
Plymouth, NH

$13,500,000 USD

Multifamily For Sale  •  126,309 SF

9 Properties View all

Property Details

  • Property Type Multifamily
60 Walk Score

Highlights

Pedestrian Location: All 27 Properties sit within 0.25 miles of Plymouth State University
Retail Income: 3,888 SF of 100%-leased retail generating $42,925 in annual income across four tenants
Below-Market Cost Basis: Acquired at $171.35 PSF, a meaningful discount to the broader New Hampshire residential market
Constrained Supply: No competing PBSH pipeline; structural housing deficit of 1,416 beds in the submarket
Attractive Day-One Yield: 8.22% Pro Forma in Year 1; strong cash-on-cash from day one
Regional Market Access: Within two hours of Boston - a 4.9M-person metro with sustained enrollment demand
Kenneth Wellar 215-454-2879 GREA
Kenneth Wellar 215-454-2879 GREA