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Listing Details

Motel and Cottages with onsite Owner/Manager Home

$975,000

File #220005

This listing has been sold!



  • Region: Lakes Region
  • Price: $975,000
  • Income: $259,771
  • SDE: $186,630
  • FF&E: $35,000
  • Real Estate: $825,000 included
  • Listing#: 220005

This is excellent, established and profitable year-round motel and cottage business in the Lakes Region of New Hampshire is now under new ownership. The property features meticulously kept units and a home on the property that can be used as an owner/manager’s home or as a home for an on-site manager. The business is ideal for a husband and wife team, partnership, current motel operator or investor. This property is located in a four-season tourist area and benefits with year-round cash flow.

The business and property, including $35,000 worth of furniture, fixtures and equipment, good will, non-compete agreement, reporting software, training during the transition to a new owner are available for an offering price of $975,000. The price to be allocated at $825,000 for the value of the real estate and $150,000 toward the value of the business.

This listing has been sold!


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