Summer Park Residences

Overview

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Summer Park Residences offers a vibrant living community for seniors aged 62 and over, as well as for individuals with disabilities. Established to meet the housing needs of its residents, it provides a comfortable and secure environment that promotes independence while offering supportive services. With a history dating back to 1975, when it was first constructed by the Town of Hanover, this housing project has evolved to become a cornerstone of the local community, providing much-needed accommodation in a welcoming setting.

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The development features a range of housing options, including studio and one-bedroom units, specifically designed to cater to the unique needs of its residents. Each apartment is equipped with modern amenities and designed for ease of access and comfort, ensuring that residents enjoy a high quality of life. The community atmosphere at Summer Park Residences is enhanced by various on-site facilities and social activities that encourage interaction and engagement among residents, fostering a sense of belonging and mutual support.

In addition to the well-designed living spaces, residents benefit from a location that offers convenient access to local amenities and services. This includes shopping, healthcare facilities, and recreational opportunities, allowing residents to maintain an active and independent lifestyle. The commitment to providing a safe, affordable, and enriching living environment makes Summer Park Residences an ideal choice for seniors looking for a place to call home.

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Amenities and Features

Housing for individuals aged 62 and older, and those with disabilities
A variety of studio and one-bedroom units
Modern amenities in each apartment
On-site facilities for social activities
Access to local amenities and services
Secure and comfortable living environment
Supportive community atmosphere

Sources

Summer Park Residences Location

Address: 42 Lebanon St, Hanover, NH 03755

Phone: 603-643-3277

Website: https://www.tphtrust.org/portfolio-item/summer-park-residences/

About Hanover, New Hampshire

Hanover, a city located in the state of New Hampshire (NH), is home to a population of approximately 11,205 people. Hanover boasts a median age of 26.9, with around 21.4% of its residents aged 60 or above. 3.7% of the population identifies as US Veterans. 7% of Hanover residents are disabled. The city has an average household income of $154,023, while the unemployment rate stands at 4.1%, and around 7.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Hanover is $692,456, with a monthly rent averaging $2,015.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.