291 Endicott St N - Hospitality FOR SALE


Laconia, NH 03246
$4,475,000 USD
603-279-7046
291 Endicott St N, Laconia, NH for Sale
$4,475,000 USD
Hospitality - FOR SALE
1/54
null | Request Cap Rate

291 Endicott St N
Laconia, NH 03246


HIGHLIGHTS

  • Fantastic view of Lake Winnipesaukee and the Mount Washington Cruise Ship sailing to and from the port of Weirs Beach.
  • All cottages and motel units are either new, completely new, replaced new, or upgraded new, showing this property as a true turnkey operation.
  • This property maintains repeat customers from Memorial Day to Columbus Day.

OVERVIEW

The Grand View Resort continues to provide peace and quiet with sensational vistas of Lake Winnipesaukee, along with beautiful mountains in the background. A peaceful pastoral oasis in the middle of the Lakes Region, sharing the fantastic view of Lake Winnipesaukee and the Mountashinton Cruise Ship sailing to and from the port of Weirs Beach. Enjoy the stunning mountain top vistas of the Ossipee, Sandwich, and Belknap Mountains out across Lake Winnipesaukee's islands and the White Mountains beyond. The property offers 10 cottages, 12 motel units, owner's quarters, and hired help quarters. All cottages and motel units are either new, completely new, replaced new, or upgraded new, showing this property as a true turnkey operation. This property maintains repeat customers from Memorial Day to Columbus Day. Also, the pastoral grounds offer you the opportunity to enjoy the company of family and friends, from the oversized granite pool with partial or the multiple fire pit viewing areas to enjoying quiet time on the wraparound porch to enjoy the Alpen Glow along with your favorite beverage. The current owners continue the legacy to provide the traditional historic accommodations that would rival any and all historic innkeepers past and present. All of this and so much more, located in the heart of the Lakes Region, only minutes to Gunstock Ski Resort, Bank of New Hampshire Meadowbrook Concert Pavillion, Weirs Beach, shopping malls, and many assorted restaurants.

FOR SALE DETAILS

PRICE

$4,475,000 USD

PRICE/SF

$574 USD /SF

# OF ROOMS

22

PRICE/ROOM

$203,409 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand View Motel & Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

13

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

CR

APN/PARCEL ID

LACO-000144-000252-000004

ASK ABOUT THIS PROPERTY

Roche Realty GroupRoche Realty Group, Inc.More Info
603-279-7046

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

Roche Realty GroupRoche Realty Group, Inc.More Info
603-279-7046

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