850 White Mountain HWY Active

Conway,NH 03860

$ 2100000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business,Development,Hospitality,Investment,Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4983669

Year Built 1955

Annual Tax Amount $9,536

Tax Year 2023

Lot Size 3.100 Acres

Acres 3.1

Property 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.

Location

State NH

County Nh-carroll

Area Nh-Carroll

Zoning RA

Body of Water River

Rooms

Basement Entrance Walk-up

Basement Unfinished

Interior

Inclusions Land/Building/Business

Exterior

Parking Features Off Street,Parking Spaces 21+,Paved

Garage Description Off Street,Parking Spaces 21+,Paved

Utilities Available Gas - LP/Bottle

Waterfront Description Yes

View Y/N Yes

View Yes

Building

Sewer Public

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