Property summary
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
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Hotel & Motel
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial Resort (CR) District. The Commercial Resort District is primarily intended to set aside areas where establishments catering to the dining, lodging and recreational needs of tourists or seasonal residents may b…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CR · Laconia, NHCommercial Resort (CR) District. The Commercial Resort District is primarily intended to set aside areas where establishments catering to the dining, lodging and recreational needs of tourists or seasonal residents may b…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CR in Laconia, NH.
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