435 Us Route 3

Hospitality for Sale
Catylist Listing ID: 30224843
Property Subtypes: Motel
Number of Units: 25 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $1,300,000
Unit Price: $52,000 Per Unit
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/4/2018

Overview / Comments

Exceptional 25 unit Waterfront Motel/Cottage Colony with 347 feet of shorefront on 295 acre White Oak Pond with 7.93 acres of rolling lawns and woodland. Just across the road from Big Squam Lake in the scenic town of Holderness. Owners have run a Successful Business with a very strong cash flow for 40 years. 8 unit motel, 16 cottages (4 winterized), 1 bdr winterized mobile home and a lovely year round 2,400 sq. ft. 3bdr-2bath single family home. Resort amenities offer in-ground pool, large sandy beach, swim raft, dock and boat ramp. Handy to Squam Lakes Science Center, numerous hiking trails, skiing, shopping and all Lakes Region activities.. Quiet relaxing Waterfront Resort. Perfect for kayaking, canoeing, sail boating, swimming, paddle boarding or just kicking back with a good book. Being sold as a Turnkey operation. Prime location Nestled between Squam Lakes and Lake Winnipesaukee. A Great business & lifestyle opportunity in NH's Lakes Region.

Additional Details

Nearest MSA: Claremont-Lebanon
County: Grafton
Tax ID/APN: na
Zoning: GR

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,006 8,247
Median Age: 47.41 45.35
Households: 1,714 3,619

Contact

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