Motel w/ Cottages in White Mountains

Hospitality for Sale
Catylist Listing ID: 30430695
Property Subtypes: Motel
Number of Units: 9 Units
Building Size (RSF): 6,436 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $299,000
Unit Price: $33,222.22 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Name of Establishment: Shamrock Motel
Sale Terms: Cash to Seller
Last Updated: 5/15/2020

Overview / Comments

The property offers a comfortable owner's residence which is separate from the rental units. The business consists of 4 two-bedroom cottages, 4 motel rooms, an office and gift shop, a rec room, and an outdoor pool with amazing views. The current owners have been running this establishment successfully since 2000, with many guests returning year after year. Sellers are offering a $10,000 concession at closing to update the septic system for the owner's residence, based on a full price offer. Owner is a licensed NH real estate agent.

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 000010000010000001
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Lakes Region & White Mountains - Central New Hampshire
Property Visibility: Excellent
Largest Nearby Street: Route 3
Feet of Frontage: 520
Traffic/Vehicle Count: 940
Highway Access: Conveniently located between Exits 29 & 30 on I-93
Airports: Boston/Manchester/Laconia
Area Description: Main route close to the White Mountains, Pemi River and Waterville/Loon Areas. Recreational activities abound, as well as cultural centers.
Nearby Attractions: All White Mountain Attractions, Loon, Cannon, Waterville Valley, Pemi River, Plymouth State University, Flying Monkey Theatre, Holderness School
Total Number of Buildings: 5
Property Condition: Average
Year Built: 1940
Roof Type: Hip
Construction/Siding: Wood Siding
Water Recreation: Outdoor Pool
Total Parking Spaces: 20
Parking Type: Surface
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 3,310
Median Age: 46.22
Households: 1,419

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