POSTAL PROPERTIES of AMERICA, LLC
PO Box 130, GREENLAND, NH 03840
Phone (603) 436-0414 Fax (603) 433-7375

DEVELOPER QUESTIONNAIRE


PLEASE FILL OUT THE FOLLOWING OUESTIONNAIRE TO HELP US BETTER SERVE YOU AND MAKE SURE THE PROFORMA EVALUATIONS WE PROVIDE SUITE YOUR PARTICULAR APPROACH & SITUATION AND THE TERMS OF YOUR LEASE

PLEASE INDICATE WHAT YOU WISH TO CARRY FOR THE FOLLOWING INTEREST RATES, LOAN ORIGINATION FEES AND OTHER COSTS & FEES. IF YOU ARE UNSURE OF WHAT TO CARRY, WE WILL HELP WITH SOME SUGGESTIONS OR DISCUSSIONS

PRINT THIS QUESTIONNAIRE, FILL OUT THE APPROPRIATE INFORMATION AND FAX IT TO US FOR AN EVALUATION OF YOUR PROJECT.

DEVELOPER INFORMATION:
 

NAME:
CONTACT PERSON:
ADDRESS: 
 

PHONE: 
FAX: 
EMAIL: 

 ________________________________________________
________________________________________________
________________________________________________
________________________________________________
________________________________________________
________________________________________________
________________________________________________
________________________________________________

PROJECT INFORMATION:
 

PROJECT LOCATION: _______________________________________________
_______________________________________________

BUILDING INFORMATION:
 

STANDARD USPS SSBD SIZE:
STANDARD USPS SSBD TYPE:
SSBD SPECIFICATION VERSION:
SSBD DESIGN DATE:
GROSS SQUARE FOOTAGE:
NET INTERIOR SOUARE FOOTAGE:

STANDARD USPS OPTIONS

SIDING TYPE
SIDE ENTRY CANOPY
KITCHENETE 
CARRIER VESTIBULE & CANOPY
INVESTIGATIVE OFFICE
# OF PO BOX SECTIONS
# OF PARCEL LOCKER SECTIONS
HEAT  (OIL OR NATURAL GAS)
IS SPRINKLER REQ'D PER CODE
INTRUSION DETECTION SYSTEM
CARD ACCESS SYSTEM
TIME CLOCK
DEADBOLT ENTRY
CCTV CAMERAS
ANY SPECIAL LOCAL/STATE CODES

 _________________
_________________
_________________
_________________
_________________ SF
_________________ SF
 
 

____________________
____________________
____________________
____________________
____________________
____________________ 
____________________
____________________
____________________
____________________
____________________ 
____________________ 
____________________
____________________
_________________________________

LEASE INFORMATION:
 

BASE TERM:
MAINTENANCE RIDER:
TAX RIDER (or estimated annual taxes):
# OF FIVE YEAR RENEWAL OPTIONS:
PURCHASE OPTIONS:		 _________________YRS
_________________
_________________
_________________
_________________

PROJECT HARD COSTS


 
WHAT IS THE COST OF LAND
ANNUAL GROUND LEASE 

CONSTRUCTION COSTS

BUILDING CONSTRUCTION COSTS
DEMO OF EXISTING BUILDINGS
INFLATION FACTOR BLDG COSTS
CONTRACT BONDS (if required)
CASH INTO THE PROJECT
RETURN ON CASH

OFF-SITE IMPROVEMENTS

ROAD CONSTRUCTION
INTERSECTION CONST/LIGHTING
MUNICIPAL SIDEWALKS
ACCEL/DECELERATION LANES
OFF-SITE DRAINAGE IMPROVMNTS
OTHER OFF-SITE IMPROVEMENTS
GRANITE CURBS
OTH LOCAL SPECIAL CONDITIONS

 $ __________________
$ __________________
 
 

$ __________________
$ __________________ 
   __________________ %
   __________________ %
$ __________________
   __________________ (% or $)
 
 

$ __________________
$ __________________
$ __________________
$ __________________
$ __________________
$ __________________ 
$ __________________
$ __________________

SOFT COSTS

CONSTRUCTION MORTGAGE
 

ORIGINATION FEES (POINTS)
INTERIM INTEREST RATE
CONSTRUCTION DURATION
CONSTRUCTION INSPECTIONS (bank)

CLOSING COSTS

APPRAISAL FEE
ENVIRONMENTAL SCREENING
LEGAL FEES (bank)
TITLE INSURANCE
OTHER BANK FEES

    ______________ %
   ______________ %
   ______________ mos.
$ ______________each
 
 

$ ________________
$ ________________
$ ________________
$ ________________
$ ________________

PERMANENT MORTGAGE
 

ORIGINATION FEES (POINTS)
INTEREST RATE
AMORTIZATION TERM

CLOSING COSTS

ENGINEERING REPORT
LEGAL FEES (bank)
TITLE INSURANCE
OTHER FEES & EXPENSES

 _________________ %
_________________ %
_________________YRS
 
 

$ ________________
$ ________________
$ ________________
$ ________________

 OTHER SOFT COSTS & FEES
 

CONTINGENCIES (% of hard costs)
DEVELOPERS FEE (% of ttl project costs)
CONST MGMT FEES (% of const costs)
REAL ESTATE BROKERS FEES (on land)
LEGAL FEES (developer)		    ________________ %
   ________________ %
   ________________ %
   ________________ %
$ ________________

ARCHITECTURAL / ENGINEERING /DESIGN / APPROVALS
 

ARCHITECTURAL
CIVIL ENGINEERING
MECH/ ELECT ENGINEERING
TRAFFIC STUDIES
ENVIRONMENTAL STUDIES

APPROVALS, FEES & ASSESSMENTS

PLANNING BOARD FEES
ZONING BOARD FEES
BUILDING PERMIT FEES
STATE FILING FEES (DEP, EPA)
OTHER APPROVAL FEES / PERMITS
OTHER LOCAL FEES/ASSESSMENTS

 $ ________________
$ ________________
$ ________________
$ ________________
$ ________________
 
 

$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
$ ________________

UTILITY CONNECTION / IMPACT FEES
 

SEPTIC / SEWER PERMIT
WELL / WATER PERMIT
ELECTRICAL
DRAINAGE 
OTHER CONNECTION/IMPACT FEES		 $ ________________
$ ________________
$ ________________
$________________
$________________

 OPERATING COSTS & EXPENSES
 

LEGAL & ACCOUNTING
MAINTENANCE RESERVE
INSURANCE COSTS
MANAGEMENT FEES (if any)
UTILITIES (if any)
SNOW REMOVAL (if any)
TRASH REMOVAL (if any)
LANDSCAPE/LAWN MAINT (if any)
JANITORIAL (if any)
COMMON AREA MAINT (if any)
OTHER OPERATING EXPENSES (if any)		 $ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
$ _________________ per year
DO YOU WISH THE PROJECT TO BE STRUCTURED TO PROVIDE AN ANNUAL POSITIVE   CASH FLOW IF SO. HOW MUCH (dollar amount or %) _____________ RENEWAL OPTIONS
 
ANNUAL INCREASE/DECREASE  FIRST RENEWAL
ANNUAL INCREASE/DECREASE RENEWAL YEARS		 ____________ %
____________ %

CAPITALIZATION RATE VALUATION FOR PURCHASE OPTIONS
 

AT COMPLETION OF CONSTRUCTION
AT END OF TENTH YEAR
AT END OF BASE TERM
AT END OF FIRST RENEWAL
AT END OF SECOND RENEWAL
AT END OF THIRD RENEWAL
AT END OF FORTH RENEWAL		 ____________ %
____________ %
____________ %
____________ %
____________ %
____________ %
____________ %

CAPITIALIZATION RATE VALUATION FOR EQUITY ANALYSIS ____________ %

NOTES:

1) We can develop regionally adjusted construction costs based on various published cost data, however, it is advisable to verify local construction conditions and costs

2) You must be aware that these projects can take significant amounts of time to actually start construction because of the review process by the USPS and local & state permitting & approvals

3) Therefore, it is advisable to "anticipate" some level of cost increases for inflation and or varying local construction activity levels (as companies get busy, their prices rise).