$2,100,000 | $293 per sq.ft.
Commercial Property, 850 White Mountain Highway Conway NH | Space type Lodging on Saco River MLS# 4983669
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DESCRIPTION
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Nestled between Conway and North Conway, the Hitching Post Inn & Cottages has been providing lodging since the 1950's. With 13 motel-style units, 7 individual cabins and a single family caretaker's house that sits on 3.1 acres perched above the Saco River. The Hitching Post is currently being operated as an extended stay motel. Guests enjoy amenities such as on-site laundry, high speed internet, in-ground swimming pool and more. Investors will appreciate the impressive rent roll with additional value-add opportunities for the new owners. The current owners have addressed most of the major capital improvements as well as updating a lot of the units. New owners will enjoy collecting weekly rent with potential to add more cabins for even more revenue. Do not miss the opportunity to add this cash flowing gem to your portfolio.
Building Type : Business | Development | Hospitality | Investment | Multi-Family
Misc : Living Space Available
Sale Includes : Land/Building/Business Price per SQFT | 293.21 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Exterior | Price Per SQ.FT. 293.21 | Year Built: 1955 No. of Units-| 19 Building Size | 7162 Basement: Unfinished
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Building Type: Business | Development | Hospitality | Investment | Multi-Family Garage And Parking: Off Street | Parking Spaces 21+ | Paved Utilities: Gas - LP/Bottle No. of Docks | 0. No. of Drive Doors | 7162.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 3.1 acres Zoned: RA Surveyed: Unk
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Taxes $9,536 | Assesed Value $0 in |
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Data last updated November 21st, 2024
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