40 Red Sleigh Road , Units 21 thru 30
Campton, NH
Others for Sale - $550,000
Property Info
CIMLS# | 1089164 |
Location 40 Red Sleigh Road , Units 21 thru 30 Campton NH 03223 | |
Updated | February 28th, 2021 |
Type | Others |
Price | $550,000 |
Property Description
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.