onveniently located close to all modes of communication and transportation into mayor metropolitan areas in the area. Sixty miles from downtown New York City, nighty miles from Philladelphia this area convines the higher quality of life of a quiet community well know for the beuty of it’s outdoors and the commodities and services of the largest metropolitan areas in the northeastern part of the Unites States. Also the current and proposed activity development for Monroe county is a catalyst for further, successful development of a residential community which attracks professionals families to the inmidiate area becoming an example of an innovative community Zoning Analysis:The site is zoned Residential 1 under the zoning ordinance of Smithfield Township, Pennsylvania, County of Monroe.Minimum Lot sizeRequiredoArea (s.f.)10,000 oWidth (ft.)70’ oDepth (ft.)110’ Minimum Yard Dimensions (ft.)oFront25’oOne Side10’oBoth Side10’oCorner Side10’oRear25’Maximum Lot Coverage35%Maximum Building HeightoFeet35’oMaximum Floor DensityoUnits per acre6.5Maximum Floor Area ratio6.7Off Street Parking2 SpacesProperty InformationoLot #706oBlock #24 & 25oStreet NameRiver RoadoCityShawnee on DelawareoStatePennsylvaniaMaximum Density:Not applicable for multi-familyNot Applicabledwelling or large scale developmentOff Street Parking:Minimum of three parking Max. of one parking space per rental unit.spaces for every two dwellingunitsProject CostsAcquisition:$350,000. (asking price is 450,000. Assumed $430,000 after negotiations)Construction Cost$9,600,000.Of 120,000 S.F.@ $80 per S.F.Contractor O&P$768,000.@ 8% of ConstructionCosts.Contingency @ 10%$960,000.Of Construction Costs.Total Hard Costs:$11,828,000.Soft Costs :Legal Fees @ $118,280.1% of Hard CostsInsurance Fees @$118,280.1% of Hard CostsLand Taxes$12,000.Fees for Architectural$176,640.And Engineering Services Bonds @ ...
