Description
5 Apartments and 2 first floor office/retail units Rt 1 ( Lafayette ) in Hampton which can be converted to residential with Board approvals. Walk to Hannaford, Walgreens, restaurants, church. Very high traffic. High visibility. Current 7.2 cap rate with two low, longtime apt rents; proforma 8.6 cap with at market rents. Good condition. Municipal water and sewer. Natural Gas, Town trash removal. terrific investment property. One office vacancy of 1500 SF with kitchenette. This is a terrific office location and the wide open offices offer many uses like sales showrooms, display areas, classroom or other group sessions. See the Pictures!
Location
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Attribution contact: Cell: 603-303-3039
Listing Agent: Tom Duffy
Listing Office: BHHS Verani Londonderry
