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- LoopNet Team
720 Kearsarge Rd
North Conway, NH 03860
Isaac Merrill House · Hospitality Property For Sale · 6,500 SF
Investment Highlights
- Extensive Renovations & Improvements
- Full Time Leased Tenants
- This Is A Thriving Residential Housing Business In An Area With A Shortage Of Quality Housing
- Could Easily be Converted Back To An Inn, Or Operate As A Hybrid
PROPERTY FACTS
Property Type | Hospitality | Building Size | 6,500 SF |
Property Subtype | Hotel | Number of Floors | 3 |
Building Class | C | Year Built | 1850 |
Lot Size | 0.61 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.61 AC |
Building Size | 6,500 SF |
Number of Floors | 3 |
Year Built | 1850 |
Corridor | Interior |
Amenities
- Bed & Breakfast
- Meeting Event Space
About 720 Kearsarge Rd , North Conway, NH 03860
Here is an opportunity to live a dream that many have, and few realize! Own and operate this magnificent North Conway New Hampshire residential housing complex with 17 unit, plus owners’ quarters. North Conway NH has a strong 4 season labor force, and there is a shortage of quality housing in this region! The current owners have recently undergone an extensive and very expensive renovation project. They have rebuilt, starting from the foundation, the exterior front porch; a new roof was installed in 2015; several areas of the building were gutted and rebuilt; many electrical, plumbing and heating improvements and upgrades were completed; many areas were painted and new flooring installed, just to mention a few improvements! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex and built a thriving residential housing business with full-time leased tenants! Realize your dream of living and working in the White Mountains of NH. This turnkey operation has a full-time, live-in property / maintenance manager so you can play in the mountains! The property could also be easily converted back to an Inn/Bed and Breakfast; or operate a hybrid. Owner has solid financials which are available on request to a qualified buyer.
PROPERTY TAXES
Parcel Number | CNWY-000203-000000-000102 | Improvements Assessment | £665,325 |
Land Assessment | £150,922 | Total Assessment | £816,248 |
PROPERTY TAXES
zoning
Zoning Code | RA |
RA |
Listing ID: 16106758
Date on Market: 20/05/2019
Last Updated:
Address: 720 Kearsarge Rd, North Conway, NH 03860
The Hospitality Property at 720 Kearsarge Rd, North Conway, NH 03860 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.