AMBER ACRES APARTMENTS & LAND

Posted on September 5, 2012
Property Owner: 
Other
Property Location: 
Mast Rd. Durham NH
The Land
Total number of acres available with this property: 
21-50
Acres of cropland or tillable land: 
21-50
Acres of pasture: 
21-50
Acres of forested land: 
1-5
Farm Information
Water sources present: 
Available
Water sources details: 
2 wells and river frontage
Barns and sheds: 
None available
Farmer housing: 
Available
Farmer housing details: 
Dairy farm was converted to 11 rental units in 1955. Antique cape style house with modernized kitchen and 4 other rooms; 2nd floor is a 2 bedroom apartment. Old barns and sheds are one-bedroom apartments with kitchen, living area and full bath each. A handy farmer could maintain and rent apartments while farming land.
Equipment and machinery: 
None available
Tenure Arrangement
Property for sale
Property for sale: 
Buildings and 4 acres are for sale by owner for $600,000. The remaining 39 acres will be protected by Southeast Land Trust and reserved for farming and may be purchased or leased by a farmer.
Sale Price: 
$600,000-$1,000,000
Additional Information

Antique cape-style house and dairy farm converted in 1955 to 11 rental units.  Beautiful location, set in the middle of 43 acres abutting Oyster River in Durham NH.  Close to University of New Hampshire, convenient to seacoast highways.  Highly desireable location.  Buildings are fully rented and cash flow.  Ideal home for a handy farmer who could own the house, rent out apartments and farm the land.  Buildings and 4 acres are for sale by owner at fair market value of $600,000.  Remaining 39 acres consisting of 25 acres of hay field with 68% important farm soils will be protected as farm land by Southeast Land Trust and are available for purchase or rent by a farmer.  Unique opportunity.

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