Listed by Tesla Realty Group Maine
$3,322,000
3507/3509 Claremont Road
Details
Property Type Multifamily, Self Storage
Sub Type Apartment Building, self storage
Net Rentable (SqFt) 7,800
Units 101
Cap Rate 8.58%
NOI $285,110
Occupancy 97%
Class B
Year Built 1961
Buildings 3
Stories 1
Acreage 14.000
Parking Spaces 50 spaces
Investment Type Stabilized
Occupancy Date 01/23/2026
Multifamily/Self Storage | 23 apts, 78 storage units
Marketing description
Exceptional investment opportunity with two strong income streams and development potential! Set in a quiet location with open views across 14 acres, providing tenants with the serenity of country living while maintaining easy access to Claremont and the Upper Valley.
The property includes 23 apartments and 7,800 rentable square feet of storage, delivering steady year-round income with low maintenance requirements. The property’s layout and scale allow for efficient management. Significant development potential, with ample frontage along a busy highway, ideal for future storage facility expansion (subject to approvals).
Listing agent has an ownership interest in the property.
Listing Contacts
Listed by Tesla Realty Group Maine
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$285,110.00
$23,759.17/mo
Valuation Metrics
0
DSCR
8.58%
Cap Rate
8.58%
ROI
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