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17-Room Extended-Stay Apartment Building
For Sale
$1,200,000

720 Kearsarge Road, Conway, NH 03860

Commercial Sale, Conway, NH

Property SizeContact for details
Lot Size0.61 Acres
Days on Market164

Property Features for 720 Kearsarge Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RA
Rooms Basement
Lot features Level
Directions Route 16 North to Artist Falls Rd, Left on North-South Rd, Right on Kearsarge. Turn left to stay on Kearsarge. Go about 1 mile and property will be on left.
Subdivision North Conway
Standard status Active
Lot size 0.61 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11681

Utilities

Heating system Electric (Heating), Propane (Heating), Oil
Water source Public

Building Details

Year built 1773
Building materials Wood Frame, Clapboard Exterior
Roof type Shingle
Listing Agency: KW Coastal and Lakes & Mountains Realty/N Conway · Keller Williams Realty
Listed By: Pamela Adami
Added: Mar 12 Changed: Aug 20 Last Checked: Aug 22 at 8:06PM
MLS# 5079041

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historic wood-frame property dates to 1773 and is currently arranged as a 17-room extended-stay rental operation. The building has a clapboard exterior, shingle roof, basement, public water service, and electric, propane, and oil heating systems. Its current configuration serves the local workforce housing market.

Positioned at 720 Kearsarge Road in Conway, the property is near Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village. The 0.61-acre site is zoned RA, providing the regulatory designation associated with the property. Showings are scheduled in advance to accommodate current residents.

Key Highlights

  • 17‑room extended‑stay rental configuration
  • 0.61‑acre site at 720 Kearsarge Road, Conway, NH 03860
  • Historic property dating to 1773

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 03860, NH

3,910
Population
3,169
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
169
Density / Sq Mi
$81,771
Median Household Income
$45,915
Median Earnings
$1,094
Median Rent
$328,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Workforce-oriented rental property with public water, wood-frame construction, and multiple heating sources.
Where is this apartment building located?
The property is located at 720 Kearsarge Road Conway, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 17‑room extended‑stay rental configuration; 0.61‑acre site at 720 Kearsarge Road, Conway, NH 03860; Historic property dating to 1773
More about this property
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