Sold

40 Ashworth AvenueHampton, NH 03842Sale Price: $7,350,000

  • Sale Price: $7,350,000
  • 291 Days Since Sale
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $7,500,000List Price
  • 12/20/2023Sale Date
  • 1.3Acreage
  • 25,256Square Feet
This 58 unit Hampton Beach motel is completely turnkey with condominium conversion approvals in hand. A landmark of the area, the motel is just a block from the sand and has been meticulously maintained and updated by the current owners. Many possibilities for this property. Continue running the successful hospitality business with a 5 star TripAdvisor rating, sell the units as condominiums or do a mixture of both! Spread across 14 buildings on a 1.3 acre lot surrounding an in-ground pool, the property consists of 34 standard hotel rooms; 19 units within detached cottages/duplexes; 4 suites; and an owners apartment. Ample parking with on-site spaces for every unit. Improvements include cosmetic renovations of all hotel rooms, structural enhancements and upgraded utilities. Check out the amazing reviews online and then come see all this wonderful property has to offer.
Listed by Alex Loiseau of Harris Real Estate

Sold by Harris Real Estate

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 6, 2024 9:24 AM EDT

 

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