List Price: $2,100,000 | $293 per sq.ft. Commercial
Space type Lodging on Saco River Listed Wednesday Jan 31, 2024 | MLS# 4983669
Listing Agent Peter Metsch, KW Coastal and Lakes & Mountains Realty. To see this Listing:
Call 802-295-1355
Add To Wishlist


Description:
Nestled between Conway and North Conway, the Hitching Post Inn & Cottages has been providing lodging since the 1950's. With 13 motel-style units, 7 individual cabins and a single family caretaker's house that sits on 3.1 acres perched above the Saco River. The Hitching Post is currently being operated as an extended stay motel. Guests enjoy amenities such as on-site laundry, high speed internet, in-ground swimming pool and more. Investors will appreciate the impressive rent roll with additional value-add opportunities for the new owners. The current owners have addressed most of the major capital improvements as well as updating a lot of the units. New owners will enjoy collecting weekly rent with potential to add more cabins for even more revenue. Do not miss the opportunity to add this cash flowing gem to your portfolio.
Building Type : Business | Development | Hospitality | Investment | Multi-Family

Misc : Living Space Available

Sale Includes : Land/Building/Business
Features:
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Propery Information:
Construction Information:
Year Built: 1955
Wood Exterior
Price Per SQ.FT. 293.21 No. of Units: 19
Building Size : 7162
Building Type: Business | Development | Hospitality | Investment | Multi-Family

Exterior

InteriorBasement: Unfinished

Land Information

Lot size: 3.1 acres
Zoned: RA
Surveyed: Unk
Garage And Parking: Off Street | Parking Spaces 21+ | Paved
No. of Docks | 0.

UtilitiesUtilities: Gas - LP/Bottle
AC % | 0.

Additional Information

Taxes $9,536
Assesed Value Not Reported
Schools

© 2000-2024 Clerkin Agency Real Estate
NEREN Logo
565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 23rd, 2024

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.