180 Main Street, Woodstock, NH, 03262 | $1,595,000

Downtown Realty is pleased to present this unique 18-door, multi-unit hospitality property located in the heart of New Hampshire’s White Mountains. Inn 32, a longtime staple in the North Woodstock community, is truly a beacon of warmth and welcome for its guests. This remarkable property, located at 180 Main Street, is comprised of 16 motel rooms and 2 apartments, has been carefully designed with guests’s comfort and satisfaction in mind. The property extends across two buildings and a pavilion overlooking the large in-ground pool, offering guests a private paradise to unwind and rejuvenate. Situated between Main Street and the Pemigewasset River, this property’s location is second to none. Less than 3/4 mile from Exit 32 off I-93, it’s a quick drive to Loon Mountain, Alpine Adventures, Clark’s Trading Post, Whale’s Tales, Ice Castles, and world renowned hiking trails. Meticulously maintained by on-site owners, the property has been significantly improved over the last few years including newly installed metal roofs, windows, heating systems, vinyl siding, paved parking, pool liner, and pool filtration system. Despite the extensive renovations, there is still tremendous upside to be had with this property. By monetizing the studio apartment currently being used for seasonal staff, the four bedroom apartment that is owner-occupied, staffing and selling product out of the office, in addition to maximizing occupancy, there is plenty of value to add.

Features

  • Property Type: Hospitality
  • Parking: Parking Spaces 21+
  • Heating: Baseboard,Mini Split
  • Units: 18
  • Zoning: none
  • Year Built: 1960
  • Approx Sq. Feet: 9,801
  • Acreage: 1
  • Est. Taxes: $9,162
  • MLS#: 4986628
  • Website: https://www.raveis.com
    /prop/4986628/180mainstreet_woodstock_nh?source=qrflyer
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Listing courtesy of Downtown Realty   Phone: 603-554-2309
Listing Agent: Matthew Lefebvre

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180 Main Street, Woodstock, NH, 03262

$1,595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,276,000 $1,276,000 $1,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $764 $764 $764
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,650 $8,276 $11,115
Total Monthly Payment $8,539 $9,165 $12,004

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.