$8,190,000

This opportunity to construct 364 new residential units across three apartment buildings is a rarity in Nashua. The site is mostly level with a slight slope, providing for 146 garaged parking underneath the 4 & 5-story buildings with a total of 460 parking spaces. The well designed site plan is visually pleasing and will provide a comfortable living environment for the residents. With a view of the Nashua River and direct access to the Nashua Riverwalk trail and pedestrian bridge, location provides for commuting convenience with easy access for residents to enjoy the outdoors. The proposed apartment complex is located in the Downtown area of the second-largest city (91,000 people) in New Hampshire, featuring living with no sales or personal income tax and just over the Massachusetts border, within 50 minutes drive from Boston. This community has high demand for housing, growing demographics and current vacancy rates under 0.6%. Nashua is home to many of the largest employers in the state, BAE Systems North America, Southern New Hampshire Medical Center, St. Joseph Hospital and Hewlett Packard.