247 Woodbound Rd - Hospitality FOR SALE


Rindge, NH 03461
$3,500,000 USD
603-766-4982
247 Woodbound Rd, Rindge, NH for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/5
null | 10% Cap Rate

247 Woodbound Rd
Rindge, NH 03461


OVERVIEW

We were pleasantly surprised when we had our first meeting with Chef Rudy, the current owner of the Woodbound Inn in Rindge NH. The Inn has a storied history and Rudy has brought the Inn to another level in his tenure which began in 2013. He has modernized the Inn, rooms, and restaurants, creating a warm and friendly atmosphere, more of the feel that epitomizes a great country Inn. The shores of beautiful Lake Contoocook and 10 +/- acres of rolling fields and woods, as well as views of Mt Monadnock create a backdrop for this beautiful setting. Weddings and special events have returned to the inn as the reputation grows. There has recently been great buyer demand for resort inns and boutique inns and the Woodbound Inn is positioned to further develop as one of the top Inn destinations in New Hampshire. Lakefront Inns with sandy beaches and cozy waterfront cottages seldom become available for sale. The Inn, with its quaint rooms and separate building with quality hotel style rooms bring the total rentable number to forty-one plus a newly renovated owner’s home overlooking the lake. For weddings and events, the Edgewood Ballroom offers space up to 160, a rustic Play Barn up to 70 (perfect for rehearsal dinners and smaller events) and The Brummer room in the Inn for seating of thirty. The pub’s atmosphere is perfect, and the dining room attractive and comfortable. For many, and best of all, a well-known local Chef is available to take the duties in the kitchen. We are excited about offering this inn for sale and suggest linking to www.woodboundinn.com for the compete story.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$157 USD /SF

# OF ROOMS

44

PRICE/ROOM

$79,545 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodbound Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1892

PARKING SPACES

-

LAND DETAILS

LAND ACRES

23.7 AC

LAND SF

1,032,372 SF

ZONING

RES

APN/PARCEL ID

RIND-000049-000021

ASK ABOUT THIS PROPERTY

Earle WasonWason AssociatesMore Info
603-766-4982

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Earle WasonWason AssociatesMore Info
603-766-4982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.