Technical
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Property profile

740 2 New Hampshire Tpke Francestown, NH 03043

OFF-MARKET
Land
30,000 SF 152.5 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 30,000 SF
Lot 152.5 ac (6,642,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

740 2 New Hampshire Tpke Francestown, NH 03043
Francestown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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