Hotel-Motel
The Lancaster Motel
112 N Main St, Lancaster, NH 03584
Listing Price: $1,850,000
Investment Overview
The Lancaster Motel, situated in the heart of the White Mountains region, offers a unique investment opportunity that seamlessly blends historic charm with modern profitability. With its strategic Main Street location and well-curated amenities, the property stands out in the bustling local hospitality market, drawing consistent visitor traffic and enhancing guest experiences.
With a prime position, strong market presence, promising financial projections, and diverse revenue streams, The Lancaster Motel is poised for significant returns. Featuring comfortable accommodations and varied event spaces, it represents an ideal investment for those looking to capitalize on the area's popularity and vibrant tourism industry.
The Lancaster Motel
Investment Highlights
- Investment Returns: A conservative underwriting of the Year 1 Pro Forma projects a notable CAP rate return of 10.42% and a Cash-on-Cash return of 14.05%.
- Additional Revenue: After a day of exploration, unwind in the cleverly hidden in-house speakeasy, The Compass Rose Cocktail Bar, or for cigar enthusiasts in The Waypoint Cigar Lounge.
- Creative Space/Dining and Kitchen Potential: The property includes 3 banquet rooms and a full-scale, professional kitchen, enabling the incorporation of food services as an additional revenue stream.
- Accommodations: 27 well-appointed rooms, each meticulously furnished with modern decor for a comfortable and memorable guest experience, and 9 long-term stay 1-bedroom units.
- Location: Boasts an enviable location on Main Street as one of only three motels in the area, and offers easy access to the natural wonders and attractions of the White Mountains.
- Redevelopment Opportunity: Convert this property into long-term rentals to address extreme housing shortages and generate steady cash flow.
Exclusively Listed By
Broker of Record
Listing Price: $1,850,000
Investment Highlights
- Investment Returns: A conservative underwriting of the Year 1 Pro Forma projects a notable CAP rate return of 10.42% and a Cash-on-Cash return of 14.05%.
- Additional Revenue: After a day of exploration, unwind in the cleverly hidden in-house speakeasy, The Compass Rose Cocktail Bar, or for cigar enthusiasts in The Waypoint Cigar Lounge.
- Creative Space/Dining and Kitchen Potential: The property includes 3 banquet rooms and a full-scale, professional kitchen, enabling the incorporation of food services as an additional revenue stream.
- Accommodations: 27 well-appointed rooms, each meticulously furnished with modern decor for a comfortable and memorable guest experience, and 9 long-term stay 1-bedroom units.
- Location: Boasts an enviable location on Main Street as one of only three motels in the area, and offers easy access to the natural wonders and attractions of the White Mountains.
- Redevelopment Opportunity: Convert this property into long-term rentals to address extreme housing shortages and generate steady cash flow.
Investment Overview
The Lancaster Motel, situated in the heart of the White Mountains region, offers a unique investment opportunity that seamlessly blends historic charm with modern profitability. With its strategic Main Street location and well-curated amenities, the property stands out in the bustling local hospitality market, drawing consistent visitor traffic and enhancing guest experiences. With a prime position, strong market presence, promising financial projections, and diverse revenue streams, The Lancaster Motel is poised for significant returns. Featuring comfortable accommodations and varied event spaces, it represents an ideal investment for those looking to capitalize on the area's popularity and vibrant tourism industry.
Exclusively Listed By
Broker of Record
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