Appendices
Marketing Appendix
Best states to retire in: NH number 15
What does it cost to live in a retirement home?
Examples of retirement communities
The Nevins includes a meeting room and a movie theater with stadium seating. Riverwalk has a library, a computer room and a movie theater. For athletic seniors, Hickory Woods has tennis and basketball courts and an exercise studio offering aerobics and yoga classes.
Casa Verdi in Milan, Italy is the only retirement home for musicians in the world. It was founded by the composer Giuseppe Verdi in 1899 as his last and greatest work.
Location Plan Appendix
Best states to retire in: NH number 15
New Hampshire State Dashboard from the U.S. Department of Health and Human Services Agency for Healthcare Research and Quality.
Operational Plan Appendix
Phase 1 Information Sources
- https://www.milford.nh.gov/building-safety/pages/permits-fees
- https://www.realtor.com/realestateandhomes-detail/00-Woodward-Dr_Milford_NH_03055_M41068-79447
- http://www.stoneriverarchitects.com/
- https://www.harveyconstruction.com/
- https://hutterconstruction.com/
- https://www.nhcf.org/how-can-we-help-you/apply-for-a-grant/
Phase 2 Information Sources
- https://us.sodexo.com/services.html
- https://www.accruent.com/
- https://offer.asuresoftware.com/getresourcescheduler/
Financial Plan Appendix
| SPRUCE WOOD CONDOMINIUM TRUST | |
|---|---|
| INCOME STATEMENT | |
| YEAR 1 OF CONDOMINIUM OPERATION | |
| REVENUE | |
| Reserve Contributions from Sales (Year 1 only) | $ 1,000,000 |
| Interest Income | $ 20,000 |
| Monthly Fees from Owners | $ 1,200,000 |
| Meal Plan Fees | $ 250,000 |
| Rental of Performance Space | $ 40,000 |
| Miscellaneous Operational Revenue | $ 20,000 |
| TOTAL REVENUE | $ 2,530,000 |
| EXPENSES | |
| Salaries, Wages, Personnel costs | $ 180,000 |
| Equipment and snow removal | $ 20,000 |
| Maintenance Contracts | $ 500,000 |
| Food Service | $ 250,000 |
| Heating | $ 20,000 |
| Electricity for Common Areas | $ 20,000 |
| Laundry and Exercise Area | $ 40,000 |
| Vehicles | $ 40,000 |
| Additional Maintenance Expenses | $ 400,000 |
| Insurance | $ 50,000 |
| TOTAL EXPENSES | $ 1,520,000 |
| NET SURPLUS FOR RESERVE FUND | $ 1,010,000 |
Risk Appendix
Risks of inadequate design, construction, etc.
https://www.cavignac.com/consider-your-condo-conundrum/
Litigation risks
https://www.bhfs.com/Templates/media/files/insights/Mitigate%20Litigation%20Risks%20for%20Condo%20Development.pdf
Condominium Development Planning Checklist
https://www.carltonfields.com/Libraries/CarltonFields/Documents/2018/Checklist_for_Condominium_Development_June2014.pdf