291 Endicott N St, Laconia, NH 03246-1736
For Sale
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This exceptional turnkey resort property, nestled in the heart of New Hampshire's Lakes Region, offers breathtaking panoramic views of Lake Winnipesaukee and the surrounding mountains. The 3-acre property boasts 10 meticulously maintained cottages and 12 motel units, all recently renovated or replaced, ensuring a consistently high standard of accommodation. The resort is a proven success, enjoying repeat clientele from Memorial Day to Columbus Day, demonstrating strong seasonal revenue potential. Beyond the guest accommodations, the property includes comfortable owner's quarters and separate quarters for hired help, streamlining operations. Guests and owners alike can enjoy the expansive grounds, featuring an oversized granite pool, multiple fire pit areas perfect for evening gatherings, and a wraparound porch ideal for relaxing and taking in the stunning scenery. The resort's prime location offers easy access to a variety of attractions, including Gunstock Ski Resort, the Bank of New Hampshire Meadowbrook Concert Pavilion, Weirs Beach, shopping malls, and numerous restaurants. This is a rare opportunity to acquire a well-established, high-performing resort with significant growth potential in a highly desirable tourist destination. The property's traditional, historic charm combined with modern amenities creates a truly unique and appealing offering. The current owners have established a legacy of providing exceptional hospitality, setting a high standard for future operators. This is more than just a business
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RCI Hotel & Motel Resort
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Grand View Resort Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Laconia, NHLaconia. Always verify with local authorities before improvements.
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.