DAVIS ISLAND
Edgecomb, Maine
TOWNHOUSES AT
DAVIS ISLAND
45 US ROUTE 1
EDGECOMB, ME
PROPERTY OVERVIEW
Townhouses at Davis Island offer 26 units of workforce housing. Each unit is spacious with a private patio, natural light and energy efficient modern appliances. The site offers laundry, parking, a playground, community garden and community room.
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Size
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26 Units
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Unit mix:
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1-bedroom, 2-bedroom, and 3-bedroom units
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27,376 Square Feet
Target Population
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Families
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People at or below 50% area median income
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People at or below 60% area median income
Amenities
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Heat & Hot Water Included
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24 Hour Emergency Maintenance
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Resident Services Coordinator
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Individual Climate Control
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Onsite Professional Management
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Onsite Laundry
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Onsite Parking
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Storage
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Playground
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Backyard / Patio
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Community Garden
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Community Room
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Energy Star® Appliances
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Professionally Landscaped Grounds
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Snow Removal
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Handicapped Accessible
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Meets MaineHousing Green Design Standards
DEVELOPMENT SNAPSHOT
Construction Type
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New Construction
Financing
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9% Tax Credits
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Maine State Housing Authority
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Construction Lender: Camden National Bank
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Syndicator: Boston Capital Corporation
Development Cost
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$5.5 million
Year Completed
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Completion Date: 2006
Development Team
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Construction Manager-at-Risk: Portland Builders
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Architect: CWS Architects
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Property Manager: Preservation Management, Inc.