One Riverside Place

Kayak Way, Bowscawen, NH

  • 47,000 Square Feet
  • Multifamily-Apartment Residential
  • For Sale

Summary Description

One Riverside Place is a fully-approved 38-unit waterfront townhouse condominium project located on the scenic banks of the Contoocook River in Boscawen, right on the Concord city line, and just minutes from I-93, Exit 17, and downtown Boscawen. 21 of the units are completed, with some already occupied by tenants.
Several of these brand new 2-bedroom, 3-story units offer stunning balcony riverside views and have either 1.5 or 2.5 bath, depending on the floor plans. Other amenities include central air conditioning, a 1-car garage, and a proposed nature trail, running track, kayak/canoe rack/launch area, and more.
The project is situated on 10.46± acres and is offered with the adjacent 2.2 acre, Lot 62-5, on which further development of some type is possible. Although no formal site plan was approved, the town was favorable to self-storage as a use for this lot.
This location provides easy access to downtown Concord as well as points north on I-93, and there are numerous dining and recreational opportunities nearby.
This is a unique investment opportunity, with 21 completed units and all approvals for 17 other units to-be-built. A buyer can either sell units as condos (all required condo documents and floor plans are recorded) or rent them out. No units have been sold yet, providing flexibility to investors.

Price: $3,600,000.00

Lot Size: 12.7 Square Feet

Area Available: 47,000 Square Feet

Number of Units

38 townhouses

List Price

$3,600,000

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