Schmale Farm. Amity Township, Pennsylvania

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1 Schmale Farm Amity Township, Pennsylvania

2 Confidentiality Agreement The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Wolfington Companies and should not be made available to any other person or entity without the written consent of Wolfington Companies. This marketing brochure has been prepared to provide summary, unverified information to prospective purchasers, and establish only a preliminary level of interest in the subject property. The information contained herein is not substitute for a thorough due diligence investigation. Wolfington Companies has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue its occupancy of the subject property. The information contained in the marketing brochure has been obtained from sources we believe to be reliable; however, Wolfington Companies has not verified, and will not verify, any of the information contained herein, nor has Wolfington Companies conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

3 Schmale Farm Amity Township, Pennsylvania TABLE OF CONTENTS OVERVIEW...1 MASTER PLANS...2 PHOTOGRAPHS...5 LOCAL MAP...7 CITY MAP...9 REGIONAL MAP...11 DEMOGRAPHICS...13 NEARBY AMENITIES...21 DRIVING DIRECTIONS...22

4 Schmale Farm Amity Township, Pennsylvania PROPERTY OVERVIEW: The site, Amity Acres, is Berks County s most premier residential piece of land. The subject property boasts not only the most graceful rolling hills in the county but also the most desirable location for single family setting. The sub-division plan shows and is by right for 223 single family homes. The minimum lot size is 12,000 SF. The full and final approvals for the project are expected in five months. There is public water, sewer along Rt. 662 and there is currently a gas line that runs through the property. LOCATION DESCRIPTION: The subject property is located on Rt. 662 (Old Swede Rd.), just minutes from the intersection of 422 West, in the heart of Douglassville Pa., Amity Township. The area has been growing in the past few years with new commercial & retail developments such as Benjamin Franklin Court, Douglassville Shopping Center, along with many banks and pharmacies. General Information: Property Address: 675 Old Swede Rd. Douglassville, Pa Property Type: Land (Residential) Current Size: 118 Acres Zoning: MDR (Medium Density Residential) Tax Parcel #: Total # of Lots: 223 Minimum Lot Size: 12,000 Sq. Ft. Nearby Amenities: P OTENTIAL ZONING OPPORTUNITIES: The 118 acre farm located in Amity Township, Berks County, Pennsylvania is zoned Medium-Density Residential. This zoning district also has an opportunity for apartments by Special Exception or an Active-Adult community through the use of a Transitional Age Development overlay. The following are the development densities for the various applications of the ordinance: By-Right: 223 Single-Family Detached (SFD) Units Apartment: 351 Apartments (through Special Exception) Active-Adult: 426 Units (150 SFDs, 114 Twin Units, 162 Townhouses) Banks: Approximately 40 banks within 15 miles Restaurants: Over 100 restaurants within 25 miles Shopping Centers: Coventry Mall (4.3 miles) Valley Forge Mall (13 miles) Berkshire Mall (15.9 miles) Fairgrounds Square Shopping Mall (18.3 miles) King of Prussia Mall (25.9 mil) Food Stores: Approximately 30 food stores within 15 miles

5 BY-RIGHT SINGLE FAMILY HOMES 223 single-family detached dwellings 12,000 square foot lots No waivers from subdivision and land development ordinances required Estimated $8.7 million in site development improvements required

6 APARTMENTS Special exception granted in April 2008, valid through apartments maximum Sketch plan shows 10 buildings Approvals require driveway connections to Old Swede Road

7 ACTIVE ADULT 426 units 100% active adult 150 single-family detached small active-adult units 114 duplex active-adult units 162 active-adult townhouses Estimated $9 million in site improvements

8 NORTHWEST Property Pictures SOUTHWEST Property Pictures

9 NORTHEAST Property Pictures SOUTHEAST Property Pictures

10 LOCAL MAP

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12 CITY MAP

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14 REGIONAL MAP

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16 DEMOGRAPHICS

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24 NEARBY AMENITIES SHOPPING CENTERS BANKS Major malls located nearby: Coventry Mall (4.3 miles) Valley Forge Mall (13 miles) Berkshire Mall (15.9 miles) Fairgrounds Square Mall (18.3 miles) King of Prussia Mall (25.9 miles) Trexler Mall (31.2 miles) RESTAURANTS Approximately 40 banks within 15 miles: National Penn Bank M & T Bank Wachovia Bank Harleysville National Citizens Bank Sovereign Bank Bank of America PNC Bank HOTELS Over 100 restaurants within 25 miles: Seafood (Red Lobster, 5.6 miles) Steak Houses (Lone Star, 4.3 miles) Bar & Grills (TGI Fridays, 4.3 miles) Chinese Food (Peking Gourmet, 5.2 miles) Pizzerias (approx. 40 within 10 miles) American (Boston Market, Applebee s, within 6 miles) Within 20 miles: Holiday Inn Express Country Inn Comfort Inn Econo Lodge Red Carpet Inn and Suites Best Western Days Inn AIRPORTS FOOD STORES Within 40 miles: Pottstown-Limerick Airport Pottstown Municipal Airport Brandywine Airport Chester County Airport Reading Regional Airport Approximately 30 food stores within 15 miles: Genuardi s Giant Food Redner s King s Supermarkets Aldi Wawa Turkey Hill ENTERTAINMENT OTHER AMENITIES Terry Hill Water Park Evergreen Mini Golf Course Buzzard Hiking Trail Blackwood Golf Course Carmike Wyomissing 8 Movie Theater Spring Mountain Ski Resort Dorney Park and Wildwater Kingdom University of Phoenix Douglassville Floral and Gifts Rite Aid and Wal-Mart Pharmacies Birdsboro Community Library Greyhound Bus Station (in King of Prussia) Ursinus College Laundry and Dry Cleaning Pottstown Health Club

25 DRIVING DIRECTIONS From I-76 (Philadelphia/NJ): Start out on I-76 W Take the US-202 S/ US-202 N/ US-422 W exit, exit 328B-A, toward West Chester/ King of Prussia/ Pottstown/ Swedesford Rd Merge onto US-422 W via exit 328A toward Pottstown/ Swedesford Rd Turn right onto Old Swede Rd/ Memorial Hwy/ PA-662 End at 675 Old Swede Rd Douglassville, PA From PA Turnpike (Allentown/N.E. Philadelphia): Start out on I-476 S toward Allentown (Portions toll) Merge onto US-22 W via exit 56 toward I-78 W/ Harrisburg Merge onto PA-100 S via exit 49A toward Trexlertown Turn right onto PA-100 S/ US-222 S. Continue to follow US-222 S Turn left onto Moselem Springs Rd/ PA-662. Continue to follow PA-662 Turn right onto W Main St/ PA-662 Turn left onto S Richmond St/ PA-662 Stay straight to go onto Memorial Hwy/ PA-662 Turn right to stay on Memorial Hwy/ PA-662 Turn left onto Memorial Hwy/ PA-662/ PA-73 Turn slight right onto Memorial Hwy/ PA-662 End at 675 Old Swede Rd Douglassville, PA From Harrisburg and West: Start out on I-283 S via exit 46A toward Airport/ Lancaster/ I-76/ Penna Turnpike Merge onto I-76 E/ Pennsylvania Turnpike toward Philadelphia/ Exits (Portions toll) Take exit 286 toward US-222/ Reading/ Lancaster Merge onto Reading Interchange (Portions toll) Reading Interchange becomes Colonel Howard Blvd/ Spur Rd Merge onto US-222 N toward Reading Take the US-222-BR/ Lancaster Ave exit toward Shillington Merge onto US-222 BR Merge onto US-422 E Turn left onto Memorial Hwy/ Old Swede Rd/ PA-662 N End at 675 Old Swede Rd Douglassville, PA From Delaware: Start out on I-95 N via exit 165B toward I-295/ Philadelphia/ Wilmington Take the US-202/ Concord Pk. Take exit 8, toward Wilmington/ West Chester Merge onto US-202 N toward West Chester. PA (Crossing into Pennsylvania) Merge onto US-202 N toward Paoli/ Downtingtown Merge onto PA-100 N toward US-30 W/ Exton Merge onto US-422 W via the ramp on the left toward Reading Turn right onto Old Swede Rd/ Memorial Hwy/ PA-662 End at 675 Old Swede Rd Douglassville, PA

26 S CHMALE FARM Amity Township, Pennsylvania For more information on this property or other existing projects, please contact: Wolfington Companies 700 S. Henderson Road Suite 300 B King of Prussia, PA Tel: Fax:

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