MultiFamily Development - For Sale
Vacant Land
for Sale
| Catylist Listing ID: |
30874708 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
35.17 Acres
|
| Sale Price: |
$3,400,000 |
| Unit Price: |
$96,673 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/21/2024 |
Overview / Comments
Fully Approved Mixed Residential Development for sale located in affluent Peterborough New Hampshire. The approved development includes, (34) active adult cottages, 12 townhouse style workforce housing units and 33 garden style senior living units located in existing stone barn structure.
There is municipal water and electricity at the site. Municipal sewer is available but needs to be brought to the site. The estimated cost of infrastructure improvements equals approximately $3.5 million, to be quantified and verified by Buyer.
The property can be purchased in whole or in part.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Taxing Authority: |
Peterborough |
| Tax ID/APN: |
U002-039-000 |
| Zoning: |
FAMILY DISTRICT |
| Site Description: |
The site is improved with a large stone barn at the front of the property. The remaining acreage is wooded, hilly terrain that slopes up and down from the road. |
| Area Description: |
Country estate setting |
| Lot Frontage: |
830 |
| Zoning Description: |
Family Zoning District |
| Development Name: |
Old Stone Barn Development |
| Topography: |
Hilly |
| Available Utilities: |
Electric, Water |
| Water Service: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
856 |
6,188 |
13,072 |
| Median Age: |
47.98 |
45.28 |
44.19 |
| Households: |
407 |
2,723 |
5,323 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
