$ 2,100,000
850 White Mountain HWY Conway, NH 03860
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Peter Metsch • KW Coastal and Lakes & Mountains Realty
$ 2,100,000
Est. payment /mo
Active
850 White Mountain HWY Conway, NH 03860
3.1 Acres Lot
UPDATED:
05/24/2024 02:18 PM
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
Garage 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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