READY TO ISSUE MULTI-FAMILY DEVELOPMENT LAND PROJECT CENTRALLY LOCATED IN THE HEART OF BUSINESS DISTRICT FOR SALE SWANZEY GARDEN APARTMENTS 173 - 175 Monadnock Highway East Swanzey, NH 03446 proposed architectural rendering INVESTMENT OPPORTUNITY Exclusively Listed by PETER TRAN ANALYST, SALESPERSON Cell 714.458.4611 [email protected]
EXCLUSIVELY MARKETED BY: SWANZEY GARDEN ANALYST, SALESPERSON APARTMENTS Cell 714.458.4611 [email protected] TABLE OF CLOCKHOUSE REALTY INC. CONTENTS Office 774.357.5240 [email protected] 05 10 15 18
SECTION 01 PROPERTY SUMMARY
SWANZEY GARDEN APARTMENTS RESIDENTIAL DEVELOPMENT OPPORTUNITY MPoagneaHdon&moecskteaHdwy
SWANZEY GARDEN APARTMENTS 173 - 175 Monadnock Highway - East Swanzey, NH 03446 SWANZEY GARDEN APARTMENTS 173-175 Monadnock Hwy proposed architectural rendering PROPERTY OVERVIEW OFFERING SUMMARY High profile residential lot with a multi-family commercial-business zoning in a newer construction region. This site is ± currently in permitted Grade 1-Flat land, with immediately ready buildout from ownership for qualified tenants. PROPERTY HIGHLIGHTS SWANZEY GARDEN Built-Up Land-Urban-High Density Residential APARTMENTS Newer construction Apartment building with popular co-tenancy Ability to add surface parking site NEW HAMPSHIRE ROUTE DILLANT-HOPKINS AIRPORT Administration office entrance with shared common areas 0.0 Miles 2.0 Miles 80-UNITSAPTS NEW HAMPSHIRE ROUTE DOWNTOWN KEENE 2.2 Miles 3.0 Miles DRIVE DISTANCES Analyst, Salesperson +1 714.458.4611 | [email protected]
East Swanzey, NH APARTMENT M U L T I F A M I LY D E V E L O P M E N T L A N D Swanzey, NH – The Covered Bridges FOR SALE PROPERTY DETA I L S > 173 - 175 Monadnock Highway - East Swanzey, NH > 80 Residential Unit Development Opportunity > Fully Approved and Permitted > One-Two Bedroom Floor Plans > On-site parking - 160 Parking Spaces Approved Mount Caesar Trail - Swanzey, NH HIGHLIGHTS Swanzey Lake, NH > Restaurant/retail/industrial amenities in the populated uptown neighborhoods > Site location provides an abundance of natural light > Situated in the commercial business district > Adjacent to Interstate Route 12, long north-south state highway in southwestern New Hampshire > Great transportation route that intersect with access to the primary State- maintained Highway Route 101 and Richmond State Highway Route 32 > Transit oriented area - served by many hiking trail lines and bike paths
SWANZEY GARDEN APARTMENTS ± 2.51 RESIDENTIAL DEVELOPMENT OPPORTUNITY 173 - 175 MONADNOCK HIGHWAY The Property is a planned 2.51-acre multi-family business district located in East Swanzey, New Hampshire. The SWANZEY GARDEN APARTMENTS site is a prime, residential campus, offering low-risk exposure in a steadily- expanding in-fill Cheshire County region. The Business District includes medical, insurance, financial and sales service that supports the expanding growth of residence. Therefore, the opportionity in acquiring, constructing, operating, and maintaining a positive vertical asset. COMMERCIAL/INDUSTRIAL CENTRAL BUSINESS DISTRICT RESIDENCE DISTRICT SWANZEY GARDEN LOW DENSITY APARTMENTS BUSINESS DISTRICT 173-175 Monadnock Hwy BUSINESS DISTRICT INDUSTRIAL PARK RESIDENCE DISTRICT DISTRICT
SWANZEY GARDEN APARTMENTS 173 - 175 Monadnock Highway - East Swanzey, NH 03446 PRIME DEVELOPMENT OPPORTUNITY - Opportunity to be #1 site in private hands for housing development catalyst location. A key location for creating sustainable city, county, and regional growth. (See Diligence Request To Learn More) CATALYST REGIONAL LAND ± An improved parcel lot with roads and utilities infrastructure to each housing cluster. SIGNIFICANT LOCATION The Area Plan calls for a variety of housing types and sizes, expanding the range of options available in the City of East Swanzey. In the coming years, new neighborhoods, transit-oriented districts, regional parks, workplaces, shopping areas, and a full spectrum of community facilities will be established in the Cheshire County region. LOCATION- Adjacent to BART Station • Located in the eastern portion of the City of Swanzey, providing primary highway access • Excellent schools within close proximity • Dillant–Hopkins Airport is a regional general aviation facility less than an hour by air from all the major commercial centers in the Northeast.
SECTION 2 MARKET REPORT SUMMARY
EAST SWANZEY, NH 03446 SWANZEY GARDEN APARTMENTS ± 2.51 RESIDENTIAL DEVELOPMENT OPPORTUNITY MARKET REPORT SUMMARY Swanzey is a town in Cheshire County, New Hampshire, United States. In addition to the town center, Swanzey includes the villages of East Swanzey, West Swanzey, North Swanzey and Westport. The town is crossed by New Hampshire Route 10, New Hampshire Route 12 and New Hampshire Route 32. The Keene Dillant-Hopkins Airport in Swanzey provides services for corporate jets, charter flights, and single and multi-engine planes, and has the 3rd longest runway in New Hampshire. Learn more about how your business can use the services available at the Dillant-Hopkins Airport. In southwestern New Hampshire, the Wilson Pond is a small reservoir located in the asset’s background providing many activities of canoeing, kayaking, swimming, fishing in its great tranquility. Swanzey is home to a strong and diverse local business community with companies in the manufacturing, construction, technology, food production, and retail sectors. Rents have also positively benefited from the increased demand, rising quickly in 2021 and turning positive year-over-year. On average, rents in the submarket are cheaper than most other parts of the metro and, therefore, most of the Cheshire County Area. The low average asking rents allowed the submarket to experience some of the most robust growth in the metro in previous years. The submarket has only a small inventory of higher quality 4 & 5 Star units, limiting investment opportunity in the submarket somewhat.
TOP TIER APARTMENT IDEAS KEY CARD ACCESS APARTMENTS PRIVATE APARTMENT PREMISE BESTPLACES COMFORT INDEX OF 6.4 MAJOR SUBURBAN THOROUGHFARE BUSINESS DISTRICT CENTER COMMUNITY CENTRE PARKING LOCATION ON-SITE SWANZEY TRANSPORTATION SYSTEM PLANS AMPLE RETAIL STORES MANY PEDESTRIAN WALKING DISTANCE TO NUMEROUS OUTDOOR PARKING SPACES MINUTES AWAY & BIKE TRAILS RESTAURANTS & CAFES RESTING TABLES
NEW APARTMENT PROJECT The cost of living is AREA DEMOGRAPHICS 12.0% lower in Swanzey than the United States average. 2022 DEMOGRAPHIC SNAPSHOT The City of Swanzey population is 7,271. There are 161 people per square mile aka population density. The median age in Swanzey is 43.7, the US median age is 37.4. The number of people per household in Swanzey is 2.5, the US average of people per household is 2.6. • Swanzey has an unemployment rate of 3.0%. The US average is 6.0%. • Swanzey has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%. • The median home cost in Swanzey is Real Estate: $254,700. Home appreciation the last 10 years has been 2.3%. 564 24,579 54,432 POPULATION POPULATION POPULATION 1 MILES 5 MILES 10 MILES RADIUS 1-MILE 5-MILE 10-MILE TOTAL HOUSEHOLDS 204 9,478 20,979 AVG. HH INCOME $62,123 $59,000 $65,804 # PERSONS / HR 2.8 2.6 2.6 proposed architectural rendering
SECTION 3 DEVELOPMENT OPPORTUNITY
NEW APARTMENT PROJECT UNITS NO. UNITS SF 700 This unique offering is located on the northwest corner of Monadnock 1 BR 46 925 Hwy & Page Homestead, south of Monadnock Ford facility. A proposed 63,650 SITE Landmark Lifestyle community of 80 condo style apartment units, with 2 BR 34 PLAN spacious grounds of over 2.51 acres. LAYOUT TOTAL 80
NEW APARTMENT PROJECT SWANZEY GARDEN SITE Lot Size ±2.51 Acres APARTMENTS Units 80 INFO Parking Spaces 160 Average Daily Traffic ±13,000 ADT N M1o7na3dn-o1ck7H5wy
SECTION 4 A PA R T M E N T OUTLINE
173-175 FIRST FLOOR PLAN Analyst, Salesperson +1 714.458.4611 | [email protected]
173-175 BASEMENT FLOOR PLAN UNIT STORAGE Analyst, Salesperson +1 714.458.4611 | [email protected]
173-175 ONE BEDROOM UNIT Analyst, Salesperson +1 714.458.4611 | [email protected]
173-175 TWO-BEDROOMS UNIT Analyst, Salesperson +1 714.458.4611 | [email protected]
EXCLUSIVELY LISTED BY PETER TRAN Analyst, Salesperson 714.458.4611 [email protected] proposed architectural rendering A D VA N C E YOUR VISION
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