Catylist ID:
#30861152
| Catylist Listing ID: | 30861152 |
| Property Subtypes: | Low-Rise/Garden, Mid-Rise, Mixed Use, Other |
| Number of Units: | 36 Units |
| Building Size (RSF): | 44,438 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 2.95 Acres |
| Sale Price: | $720,000 |
| Unit Price: | $20,000 Per Unit |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/29/2024 |
Overview / Comments
|
Fully permitted multi family redevelopment opportunity in Antrim, NH. The seller has completed much of the groundwork to make this a shovel ready project for the next owner! This site has 3 parcels of land +/- 2.95 acres with a fully permitted 36-unit Development Opportunity and a +/- 56,438 mill building. Studies have shown that there is strong demand for housing in the Antrim area. Seller has worked with the Town of Antrim who has been very supportive of the project. They would likely be flexible with site plan modifications. Seller to separate the residential from the commercial component of this property prior to sale closing. Highlights: -Permitted for 36 residential apartments -Designated ERZ, economic revitalization zone -Market Rate Construction for the apartments makes the most economic sense. -Development work completed: site plan, civil engineering construction drawings, Shoreland permit, environmental study, geotechnical analysis, structural engineering studies, solar studies, historic monument registration and part 1 approval for a historic tax credit project See attachments and media for website link to additional project details |
Attachments & Media
Additional Details
| Nearest MSA: | Manchester-Nashua |
| County: | Hillsborough |
| Taxing Authority: | 2050 1905 |
| Tax ID/APN: | 104-106-000-000 |
| Zoning: | VILLAGE BUSINESS W & S |
| Total Number of Buildings: | 2 |
| Number of Stories: | 4 |
| Year Built: | 1880 |
| Roof Type: | Other |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Sprinklers: | None |
| Lot Frontage: | 464 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 4,113 | 7,679 |
| Median Age: | 41.34 | 43.77 |
| Households: | 1,619 | 3,083 |
Contact
Brian DanoSVN The Masiello GroupNECPE Member |
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