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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
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

PROPERTY TAXES

Parcel Number
CNWY-000203-000000-000102
Land Assessment
£150,922
Improvements Assessment
£665,325
Total Assessment
£816,248

zoning

Zoning Code RA
RA
  • Listing ID: 16106758

  • Date on Market: 20/05/2019

  • Last Updated:

  • Address: 720 Kearsarge Rd, North Conway, NH 03860

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