55-Unit Apartment Development site

21 Cross Street, Central Street Newport, NH

$879,000

Price

Multifamily

Development Type

8.84 acres

Lot Area

Overview
Development Type
Multifamily
Lot Area
8.84 acres
Zoning
Commercial-Industrial
Permits
Yes
Buildable Area
3 acre
Parking Ratio
2
Investment Strategy
Value Add
Description

Zoning approvals for a 8.84 acre development site for 55 Units in two separate locations on one lot. Water and sewer on site. No impact fees. Lot is gently sloping. All local zoning permits in place.

Seller offering a 10% brokerage fee!

Highlights
  • Minutes walk to downtown
  • Located on Sugar River
  • 35 minutes to Dartmouth Hospital & University Campuses
  • Seller offering a 10% broherage fee!
  • Complete with local zoning permits and site engineering
  • Town Water & Sewer on site
  • No impact fees
Documents
Title
Canal_Street_Residences_Dec_6__1_.pdf
ZBA_Decision_9-19-21.pdf
Lot_114-32_Traffic_Report.pdf
Map-114-Lot 32 Survey.pdf
Site_Development_Plan.pdf
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Location
Gallery