103 Temple StreetNashua, NH 03060Price: $2,835,000

This approved development opportunity is to construct 90 new residential units of free-standing, 6-story building with covered parking. The approval from the city of Nashua has been received for the proposed site plan. The site is mostly level with a slight slope. Building B provides for 34 garaged parking spaces underneath the 5 stories of residences. The site package would include: comprehensive set of MEP (Mechanical, Electrical, Plumbing) architectural drawings, all demolition work, environmental work, stormwater, parking lots, which include paving, striping, curbs, walkways, stop signs completed. Final landscaping is not included. 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, this location provides for commuting convenience with easy access for residents to enjoy the outdoors. The proposed building 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 a 50 minute 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 such as BAE Systems North America, Southern New Hampshire Medical Center, St. Joseph Hospital and Hewlett Packard.