Make B&B Ownership A Reality

Hospitality for Sale
Sale Pending/Contingent
Catylist Listing ID: 30725274
Property Subtypes: Bed & Breakfast
Status: Pending/Contingent
Number of Units: 14 Units
Building Size (RSF): 10,632 SF
Gross Building Area: See Agent
Gross Land Area: 14.60 Acres
Sale Price: $1,600,000
Unit Price: $114,285.71 Per Unit
Property Use Type: Vacant/Owner-User
Name of Establishment: The Sugar Hill Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

Make the dream of B & B ownership a reality with this well-established, award-winning offering. Set amongst the views of the soaring peaks of Cannon and Lafayette Mountains, this turnkey business will provide an exciting lifestyle and excellent YOY income potential. Set upon +-14.6 lush acres, this inn features 14individually appointed rooms and suites, peaceful outdoor pool, a single family owner's quarters, and a +-35 seat restaurant. Recent upgrades and renovations have dramatically enhanced the guest experience, with most rooms now featuring mini-split AC units, gas fireplaces, jacuzzi tubs and updated mountain chic decor. The restaurant is host to a number of industry accolades, known to many in the area as the finest, and most romantic of dining experiences. The current owner is finishing a trail system on the property for guests' use, and has seen a surge in bookings into this new year. Centrally located amongst the picturesque White Mountains of New Hampshire, in charming Sugar Hill. Close proximity to popular activities including Cannon Mountain, Bretton Woods, Loon Mountain, Franconia Notch, The Frost Place, as well as the fabled downtowns of Franconia, Littleton and Bethlehem. I-93 is the main artery opening access to all of New England. Come define your legacy here in the heart of the White Mountains.

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 212-8
Zoning: GRGENE
Retail Clientele: General, Family, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Route 117, less than 2 miles from I93
Feet of Frontage: 566
Highway Access: Interstate 93 is less than 2 miles
Site Description: Landscaped, Mountain View, Recreational Trail/Near Trail, View, Walking, Trails
Area Description: Near Country Club, Near Golf Course, Near Paths, Near Skiing, Near Hospital, Near Shopping
Property Condition: Good
Year Built: 1790
Construction/Siding: Vinyl Siding, Wood Frame, Wood Siding, Other
Water Recreation: Outdoor Pool, Sauna
Parking Type: Surface
Zoning Description: GRGENE
Lot Frontage: 566
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,888
Median Age: 49.89
Households: 1,250
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