North Conway, NH Bed & Breakfast And Residential Housing Complex

720 Kearsarge Road, Conway, NH

$1,045,000

Price

7,800 sqft

Building Size

0.61 sqft

Lot Area

Gallery
Street
Map
Overview
Building Size
7,800 sqft
Lot Area
0.61 sqft
Keys
17
Year Built
1773
Floors
3
Description

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 inn-style rooms with private bathrooms, plus owners’ quarters. The tenants also enjoy the shared use of a spacious kitchen, a large living room, a beautiful dining room and a coin operated laundry. Expansion potential may be available. 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 completed an extensive and very expensive renovation project. Starting from the foundation they have rebuilt 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. These are just a few of the 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. 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.

Location
Gallery