This is a rare opportunity for developers and investors. This 53 $3,000,000

River Acreage Off Market

This is a rare opportunity for developers and investors. This 53.57 acre property has been approved for a 70 unit 55+ duplex condominium development. Sixty-four (32 duplex) unit sites are currently offered, ready to move forward with a minimal amount of infrastructure to be completed. The water system is complete and operating. Sewer, gas lines and underground electric conduits are installed to each site. Phase one, with ten remaining units to be built, is ready for construction. Start immediate construction and reserve units with non-binding reservations until the new developer obtains NH Attorney General approval. The property is just minutes from Exit 20 off I-93 in the beautiful and ever popular Lakes Region of New Hampshire. Close to all amenities, banks, supermarkets, and less than two miles from the hospital. Total land and infrastructure costs $47,000 per living unit. Virtually impossible to top that anywhere!