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Listed by Kimberly Clarke • KW Coastal and Lakes & Mountains Realty/N Conway
$ 1,595,000
Est. payment /mo
Active
3465 White Mountain HWY Conway, NH 03860
0.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5064553
Year Built 1840
Annual Tax Amount $9,495
Tax Year 2024
Lot Size 0.820 Acres
Acres 0.82
Property Description
The VALE APARTMENTS, a luxury rental property in an ideal location on Route 16 with views to Mount Washington and the Moat Mountain Range. Three years ago the current owners transformed the property into 7 long -term rental apartments including a 1BR accessible ADA unit, 5 additional one bedroom units, and one 2 bedroom unit, all beautifully appointed and meticulously upgraded. Some have Brazilian Cherry, Luxury Vinyl Plank, and pine floors, brick & granite walls, and a piece of the 4” granite bar from the original McGrath's Tavern. Open living spaces with efficient mini splits for heat & AC, LED lights, trendy Waypoint kitchens, ceiling fans with remotes in the bedrooms, custom window blinds and keyless entries. The building is fully rented with tenants enjoying the large roof top deck overlooking the mountains on both sides, plenty of off street parking in a well-lit paved parking lot, fenced in dog run, lighted common areas, storage rooms and coin-op w/d in the basement. Building is fully sprinklered, and apartments are alarmed individually. NOI is currently $93,000+. Potential Seller Financing to qualified buyer: 30% down, 5.5% interest, 25 years, 5 year balloon. An exceptional investment property. 48 hours notice required for all showings. Buyer to confirm all information, measures are approximate. Broker Interest.
Location
State NH
County Nh-carroll
Area Nh-Carroll
Zoning HC
Rooms
Basement Entrance Interior
Basement Concrete Floor, Interior Stairs, Assigned Storage, Locked Storage, Exterior Access
Interior
Cooling Mini Split
Inclusions Land/Building
Exterior
Utilities Available Cable at Site, Underground Utilities
Roof Type Shingle
Building
Sewer Public


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