Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Investment properties

    291 Endicott N St, Laconia, NH 03246-1736

    2,616 SF 3 ac lot Built 1972
    Individually Owned 7-yr Hold
    Property ID
    US58-0143116
    Property summary
    AI-generated overview

    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
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1972
    Construction FRAME
    Total area 2,616 SF
    Lot 3 ac (130,680 SF)
    Zoning code CR
    APN LACO M:144 B:252 L:4
    UPID US58-0143116
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RCI Hotel & Motel Resort
    • Grand View Resort Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    David P Yager · 7 yrs held
    David P Yager
    since 2018
    6 recorded transactions
    2021
    2018
    2017
    2016
    $1.2M
    2006
    2004
    $565,000
    Zoning & alternative use
    CR · Laconia, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message