Thriving Residential Housing Complex - Full-time Leased Tenants!

North Conway, NH (Carroll County)

Thriving Residential Housing Complex - Full-time Leased Tenants!
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Asking Price: $1,195,000

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Thriving Residential Housing Complex - Full-time Leased Tenants!

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Business Description

Solid Financials! Excellent Location!

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.

Detailed Information

Location:
North Conway, NH
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Antonella Bliss

Business Listed By:
Antonella Bliss

Coldwell Banker Wright Realty

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Sponsoring Broker:
Coldwell Banker Wright Realty

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