Winnipesaukee Motel

Withdrawn Hospitality for Sale
Catylist Listing ID: 30091332
Property Subtypes: Inn, Motel, Vacation Rental(s)
Building Status: Proposed
Number of Units: 18 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $38,611.11 Per Unit
Property Use Type: Investment, Business
Building Name: Winnipesaukee Motel
Name of Establishment: Winnipesaukee Motel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 11/13/2017
Last Updated: 11/13/2017

Overview / Comments

Located in the middle of the Lakes Region, Weirs Beach, and Lake Winnipesaukee, this recently remodeled, 18 unit motel business operates with separate owners; with
year round residence. A turn key operation. Includes land, business, outdoor in ground pool, equipment, inventory, kid's playground and potential for R.V's. Close to
everything the Lakes Region has to offer. BNH Meadowbrook Concert Pavilion, Gunstock Recreation Area, Outlet Malls, Restaurants, Boating and much more! Great
Exposure off of NH Route 3, with 250 feet of road frontage and a huge line of sight recognition in either direction.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $10,327 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 144/252/1
Zoning: CR
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Laconia & Meredith
Property Visibility: Excellent
Largest Nearby Street: Route 3 (Endicott St North)
Feet of Frontage: 250
Area Description: Lakes Region, Vacation, Tourist
Nearby Attractions: Weirs Beach, Lakes Region, Lake Winnipesaukee
Year Built: 1954
Construction/Siding: Wood Siding
Water Recreation: Outdoor Pool
Heat Type: Electricity, Oil
Heat Source: Baseboard
Internet Access: Cable
Zoning Description: Commercial Resort
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 194 7,161 16,803
Median Age: 43.18 48.18 47.5
Households: 100 2,979 7,237

Contact

Photograph of Listing Agent

Francis Roche

Roche Realty Group, Inc. NECPE Member
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