740 2 New Hampshire Tpke Francestown, NH 03043
This exceptional 152.5-acre property in Francestown, New Hampshire, presents a unique redevelopment opportunity. Currently featuring seven buildings, including 24 decommissioned timeshare units (12 one-bedroom and 12 two-bedroom units totaling 21,000 square feet), the property offers significant potential. The existing units, completed September 1, 2012, boast in-unit amenities such as washers/dryers, king and queen beds, fireplaces, and outdoor barbecue grills. The 30,000-square-foot complex sits on a sprawling lot, including two 28.5-acre wetlands, and is zoned for rural use. Its prime location, a 40-minute drive from Manchester, NH, and 90 minutes from Boston, MA, offers easy access to major metropolitan areas. The property's proximity to Crotched Mountain Ski Resort, an 18-hole golf club (with a front nine designed by Donald Ross), and the Toll Booth Tavern enhances its appeal. On-site amenities include hiking trails, a tennis court, and a children's playground. The asking price is $2,250,000 ($75 per square foot). This property is ideal for conversion into a hotel, vacation community, or single-family home development, capitalizing on its stunning views and convenient access to both summer and winter recreational activities. The motivated seller is eager to finalize a transaction.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.