Apartment Acquisitions · Portsmouth
Sell Your Commercial Property In Portsmouth, NH
From Downtown Portsmouth to Newington, we buy Portsmouth multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Portsmouth Submarkets: Downtown Portsmouth · Pease Tradeport · Newington · Kittery — Rockingham County, NH
The Portsmouth Market
What Drives Rentals In Portsmouth
Portsmouth, New Hampshire has 22,545 residents in ACS 2020-2024, and renters occupy 48.1% of its homes. This is Portsmouth in Rockingham County, not Portsmouth, Virginia. Portsmouth Naval Shipyard, across the river in Kittery, Maine, has about 6,500 civilian employees, per NAVSEA.
For owners who want to sell commercial property in Portsmouth, NH, three facts shape value. Rental vacancy is 2.2%, the FY2026 tax rate is $11.51 per $1,000, and 33.8% of homes sit in buildings of five or more units.
Portsmouth Naval Shipyard
NAVSEA reports about 6,500 civilian employees at the shipyard, which sits across the Piscataqua River in Kittery, Maine.Lonza biopharma operations
NH Employment Security lists Lonza among Portsmouth's largest employers, with 950 workers in biopharma production.Portsmouth Regional Hospital
Portsmouth Regional Hospital reported 240 beds in February 2025 after expanding its intensive care unit to 25 beds.Our Buy Box
What We Buy In Portsmouth
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Portsmouth Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Portsmouth
Renters occupy 48.1% of Portsmouth's occupied homes in ACS 2020-2024. New Hampshire's renter share is 27.2%, per the state tenure table.
Buildings with five or more units hold 33.8% of Portsmouth's housing, per ACS units-in-structure data. Homes built before 1980 make up 66.4% of the stock, and the median year built is 1959, per ACS year-built data.
Portsmouth rents under HUD's FY2027 fair market rents
Median gross rent in Portsmouth is $1,869 a month in ACS 2020-2024, $378 above the state median. HUD places the city in the Portsmouth-Rochester, NH HUD Metro FMR Area for its FY2027 fair market rents.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,489 |
| One bedroom | $1,600 |
| Two bedrooms | $2,093 |
| Three bedrooms | $2,494 |
| Four bedrooms | $2,813 |
Portsmouth's rental vacancy rate is 2.2% in the ACS housing profile, below Rockingham County's 3.9%. Owners who sell commercial real estate in Portsmouth, NH can point buyers to that tight supply.
Property taxes in Rockingham County: Portsmouth's rate and a $2 million example
Portsmouth's FY2026 tax rate is $11.51 per $1,000 of valuation, per the City of Portsmouth. A $2,000,000 assessment would owe $23,020 a year at that rate.
| Worked example | Amount |
|---|---|
| FY2026 tax on a $2,000,000 assessment | $23,020 |
| Transfer tax on a $2,000,000 sale, seller share | $15,000 |
To sell commercial property in Portsmouth, NH at $2 million, the seller owes $15,000 in transfer tax. The rate is $0.75 per $100 under RSA 78-B:1, charged to buyer and seller by RSA 78-B:4. Abatement requests are due March 1 under RSA 76:16.
Landlord rules for Portsmouth rentals
Security deposits are capped at one month's rent or $100, whichever is greater, under RSA 540-A:6. Deposits are returned within 30 days after a tenancy ends, under RSA 540-A:7.
Nonpayment of rent allows 7 days' notice, and most other residential causes need 30 days, under RSA 540:3. Ending a lease of 12 months or longer at expiration needs 60 days' written notice under RSA 540:2.
What it means for a Portsmouth owner
Portsmouth pairs 2.2% rental vacancy with old stock, so buyers will ask about capital work. If you plan to sell commercial property in Portsmouth, NH, gather a rent roll, deposit ledger and recent tax bills first. Test pricing with our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings in Rockingham County. See how we buy apartment buildings for cash when you are ready to sell multifamily property in Portsmouth.
Before You Sell
Selling In Portsmouth
More about selling in New Hampshire →Investing in Portsmouth? See apartment syndications in Portsmouth →
- Owners who sell commercial real estate in Portsmouth, NH must pass tenant deposits to the buyer within 5 days.
- Portsmouth's 2024 revaluation raised total real property value to $10.08 billion from $6.15 billion in 2019.
- When selling commercial property in Portsmouth, the seller pays $0.75 per $100 of price in transfer tax.
Seller Guides
Selling A Building In Portsmouth
Learn More
Taxes & Rules For Portsmouth Property
The New Hampshire rules that shape any deal in Portsmouth: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Portsmouth Seller FAQ
What should I know before I sell commercial property in Portsmouth, NH?
Start with the figures a buyer will check. Portsmouth's FY2026 tax rate is $11.51 per $1,000 of valuation. Rental vacancy is 2.2% in ACS 2020-2024, and median gross rent is $1,869. Have a rent roll, deposit ledger and recent tax bills ready.
What does it cost to sell commercial real estate in Portsmouth, NH?
The main state cost is the real estate transfer tax under RSA 78-B. It is $0.75 per $100 of price, charged to both buyer and seller. On a $2,000,000 sale, each side pays $15,000. Property tax at $11.51 per $1,000 also shapes what a buyer will offer.
What do apartments rent for in Portsmouth?
Median gross rent in Portsmouth is $1,869 a month in ACS 2020-2024. HUD's FY2027 fair market rents for the Portsmouth-Rochester, NH HUD Metro FMR Area are $1,600 for a one-bedroom and $2,093 for a two-bedroom.
How much notice does a Portsmouth landlord give for nonpayment?
New Hampshire law sets it. Under RSA 540:3, nonpayment of rent allows 7 days' notice, and most other residential causes need 30 days. A lease of 12 months or longer can end at expiration with 60 days' written notice under RSA 540:2.
How old are Portsmouth apartment buildings?
Most are older. Homes built before 1980 make up 66.4% of Portsmouth's housing in ACS 2020-2024, and the median year built is 1959. Buyers budget for roofs, heating and code work, so records of recent repairs help when you sell your apartment building in Portsmouth.
Will you buy a Portsmouth property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Portsmouth apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Portsmouth with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Portsmouth?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Portsmouth?
Share the basics below and we will follow up directly. Agents and brokers representing Portsmouth sellers are welcome.
