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802-295-1355
565 Maple Street
White River Junction, VT 05001

 
$2,100,000 | $293 per sq.ft. Commercial Property, 850 White Mountain Highway Conway NH | Space type Lodging
on Saco River MLS# 4983669


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
Price per SQFT | 293.21 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Exterior | Price Per SQ.FT. 293.21 | Year Built: 1955
No. of Units-| 19
Building Size | 7162
Basement: Unfinished
Building Type: Business | Development | Hospitality | Investment | Multi-Family
Garage And Parking: Off Street | Parking Spaces 21+ | Paved
Utilities: Gas - LP/Bottle
No. of Docks | 0.
No. of Drive Doors | 7162.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 3.1 acres
Zoned: RA
Surveyed: Unk
Taxes $9,536  | Assesed Value $0 in

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