Asking Price: $2,900,000

FF&E: $200,000 (Included in Asking Price)

Real Estate: $2,700,000 (Included in Asking Price)

This limited service hotel in northern NH consists of luxury suites, motel rooms, and updated cottages. The property has unused land with municipal water and sewer available and would be easily expandable. It is located in a busy four season tourist destination area. This hotel is currently being operated as part of the adjacent resort, but is being sold off separately. This offering provides a new owner the opportunity to enter this dynamic tourist market at a proven location in a manner that will be faster and less expensive than building a new hotel property. The Business name, operating systems, and intangibles are not included in the sale and will be retained by adjacent resort.

Year Established: 1987

Facilities: 27 luxury suites, 19 motel rooms, 12 cottages, indoor and outdoor pools. 4.89 acres. Easily expandable with excess land and municipal water and sewer. Approved by Day’s Inn and Knights Inn for brand participation. The adjacent restaurant offers breakfast and dinner. A new owner could partner with this restaurant to offer meal plans.

Market Outlook and Competition: Located in a rapidly growing 4 season resort community. This is a unique opportunity for an investor looking to own a limited service hotel property in one of New England's fastest growing destination resort markets. This business provides an excellent location with 58 existing units and ample room for growth and expansion. The hotel is not currently flagged, but has preliminary approval from Day's Inn and Knight's Inn. Conversion possibilities to interval or condominium ownership. 15 M people, 6 M households within ½ day drive. Enter this market immediately at a proven, visible, accessible location at a fraction of the cost of building new.

Management Training and Support: as necessary

Reason For Selling: Seller is looking to focus on his other business.