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Listing Details

Profitable, Pristine, Perfectly Located Motel

$1,345,000

File #214029

This listing has been sold!



  • Region: White Mountains
  • Price: $1,345,000
  • Income: $445,908
  • SDE: $273,330
  • FF&E: $95,000
  • Inventory: $5,000 - included
  • Real Estate: $850,000
  • Listing#: 214029

Affordable family lodging with an unbeatable selection of rooms, self-catering units, cottages, cabins and rental homes perfectly located in close proximity to a myriad of White Mountain area activities such as Attitash Mountain, StoryLand, and tax-free shopping in North Conway. This facility is open year round and is a convenient spot for skiers and particularly attractive for groups. Amenities are numerous including a heated, in-ground pool, Wi-Fi throughout, beach access, playgrounds and more. All rooms have TV’s, microwave, refrigerator, and private bath. Cash flow is excellent and with their newly installed website, business increased 36% in the first half of 2014. This motel has been kept in pristine condition with short and long term maintenance being done in a timely fashion from fixing a screen door to painting to having a new roof installed. While there are numerous restaurants in the area, it would be possible to have a small restaurant on-site. There is also a second site being offered across the street which is geared to larger groups, clubs, family reunions, corporate events, etc., that would make this a very attractive package. Price does not include the second site.

This listing has been sold!


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