850 White Mountain Hwy Conway, NH 03860

Exceptional investment opportunity in Conway, NH! This established 19-unit motel, boasting 100% occupancy, presents a compelling return on investment. Situated on a picturesque 3.1-acre lot overlooking the Saco River, between Conway and North Conway, this property offers a blend of rustic charm and modern convenience. The motel comprises 13 motel-style units and 7 individual cabins, along with a single-family caretaker's house. Built in 1955, the property features 7,162 square feet and 21 parking spaces. Amenities include on-site laundry facilities, high-speed internet access, and an inviting in-ground swimming pool. The property benefits from a strong rental income stream, with an average weekly rate of $360 per unit, and a current cap rate of 11.70%. Most major capital improvements have already been completed, making this a truly turnkey operation. The property is zoned RA and presents significant value-add potential for future owners. This is a rare chance to acquire a high-performing, income-generating asset in a desirable New Hampshire location. The asking price is $2,100,000.