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2626 E Main St
Center Conway, NH 03813
Saco River Motor Lodge · Hospitality Property For Sale · 14,500 SF
PROPERTY FACTS
Property Type | Hospitality | Building Size | 14,500 SF |
Property Subtype | Hotel | No. Stories | 1 |
Building Class | C | Year Built | 1970 |
Lot Size | 2.97 AC | Corridor | Exterior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 2.97 AC |
Building Size | 14,500 SF |
No. Stories | 1 |
Year Built | 1970 |
Corridor | Exterior |
Amenities
- Pool
About 2626 E Main St , Center Conway, NH 03813
The Saco River Motor Lodge is set between the tourist hub of the Mount Washington Valley and Fryeburg, Maine and benefits from being the sole Motor lodge to service the neighboring area. The property has seven, 2 and 3 bedroom suites with kitchenettes, 12 traditional motel rooms and 5 long term rental apartments as well as an oversized two car garage. Purchased in 2002, the property has had extensive upgrading and renovations. There are several local events and businesses that regularly refer guest to the Saco River Motor Lodge due to it’s convenient proximity to their locations. These sources account for approximately 64% of their short term rental income. There is also a strong following from the winter recreational guests. Since purchased the pool area was enlarged and upgraded, a playground was added, along with outdoor barbeques and fire pits. All rooms were upgraded with new A/C, carpet, mattresses, flat screen TV’s and everything was repainted. The property has shown steady growth in gross revenue and solid maintenance and improvements continue.
PROPERTY TAXES
Parcel Number | CNWY-000258-000000-000031 | Improvements Assessment | $1,330,300 |
Land Assessment | $235,200 | Total Assessment | $1,565,500 |
PROPERTY TAXES
zoning
Zoning Code | C |
C |
Learn More About Investing in Hospitality Properties
Listing ID: 17228813
Date on Market: 9/18/2019
Last Updated:
Address: 2626 E Main St, Center Conway, NH 03813