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55-Unit Apartment Development site

$879,000

21 Cross Street, Newport, NH 03077

Active
Last Updated: 12/14/2023

Multifamily

Development Type

8.84 acres

Lot Area

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

Map:
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