40 Red Sleigh Road, #Units 21 thru 30

Campton, NH 03223

MLS ID# 4847892 Active
Hospitality

$550,000



Details for 40 Red Sleigh Road, #Units 21 thru 30, Campton NH 03223

WHAT AN OPPORTUNITY-First off, this offering includes 10 condominium units in one building, 5 on the first floor and 5 on the second floor. This is a converted motel and each unit is 320 square feet with a bathroom, kitchenette and enclosed porch overlooking, and steps away from the Pemigewasset River in a beautiful, private and wooded site. All 10 units are rented in a neat package with good income figures and good return on your investment, whether you pay cash or finance, with a Capitalization Rate of 9.6%. Want your own place in the New Hampshire White Mountains? Convert some units for your own use and rent out the rest to offset expenses with a positive cash flow. Super convenient location right off I-93, 4 miles from Plymouth State University, 5 miles from shopping, 16 miles to Waterville Valley Resort and 18 miles to Loon Mountain. Financials available upon request. Contact Tom Tremblay, Coldwell Banker Lifestyles, 603-745-3400 (O), 603-381-3621 (C) or [email protected]

Features and Details

  • Category Commercial
  • Type Hospitality
  • Village/Neighborhood
  • County Grafton
  • Lot Size 257004
  • Acreage 5.9
  • MLS ID# 4847892

Annual Expenses/Income
Income: 97500
Apx Bldg SqFt
5760
Basement
Concrete, Crawl Space, No Tenant Access, Yes
Construction
Wood Frame
Building Name
Red Sleigh Condominiums
Building #
40
# of Stories
2
Cooling
None
Heating
Direct Vent, Gas Heater - Vented
Parking
Driveway, On-Site, Parking Spaces 11 - 20, Unassigned, Unpaved
Operating Expense Inc
Heat, Insurance, Maintenance, Utilities, Water/Sewer
Siding
Board and Batten, Wood
Sprinkler
Wet
Equipment
Smoke Detector, Sprinkler System, Generator - Standby
Total
Units: 10
Features
Living Space Available, Showers, Heat Included, In-Unit Bathroom
Utilities
Cable, Gas - LP/Bottle, Internet - Cable, Telephone At Site
Natural Gas
No
Water
Community, Drilled Well, Included, Private
Sewer
1500+ Gallon, Concrete, On-Site Septic Exists, Private
Zoning
Residential
Location
Mountain, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near ATV Trails
Water View
Yes
Water Body
Pemigewasset River
Waterfront Rights
Exclusively Owned
Water Body Restrictions
No
Property Types
Hospitality, Investment, Multi-Family
Property Type Use
Bed/Breakfast, Free Standing Building, Lodging
Deed
Book: 4262, Page: 135
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Land/Building
Sale Type
Sale
This listing was last updated on 3/10/2021 8:01:45 AM.