850 White Mountain HighwayConway, NH 03860MLS Number 4983669

  • Price: $2,100,000
  • 24 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
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850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860850 White Mountain Highway Conway NH 03860
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  • 3.1Acreage
  • 1955Year Built
  • 7,162Square Feet
  • 2023Tax Year

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Listed by Peter Metsch of KW Coastal and Lakes & Mountains Realty
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.

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More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1955
  • NumberOfUnitsInCommunity19
  • Square Feet7,162
  • BasementUnfinished

Exterior

  • ExteriorWood

Amenities

  • PricePerSqFt293.21

Basic Information

  • StatusACT
  • Modification Date02/01/2024
  • TypeBusiness, Development, Hospitality, Investment, Multi-Family
  • List Price$2,100,000
  • Broker NameKW Coastal and Lakes & Mountains Realty
  • Listing Agent NamePeter Metsch
  • Lister Office NameKW Coastal and Lakes & Mountains Realty
  • MLS Number4983669
  • MLS StatusActive

Other

  • Date Listed02/01/2024
  • View Count2

Location

  • Building Number850
  • StreetWhite Mountain Highway
  • TownConway
  • StateNH
  • Zip03860
  • CountyCarroll
  • Map251

Property

  • Acreage3.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft135,036
Ray Realty
Ray Realty
Office: 603-986-7464
3641 White Mountain Highway
North Conway, NH 03860

Conway, NH Demographics

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Conway, NH Schools

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 25, 2024 10:38 AM EST

 

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