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Unique Hospitality and Real Estate Ownership Opportunity in regionally recognized, high traffic New Hampshire Tourist destination. Located Immediately off the main drag in North Conway this is a tremendous opportunity to be your own Landlord while Growing Both Long Term Equity and Immediate Cash Income North Conway was recently ranked the #1 best ski town in the northeast, 2nd best small town in the northeast and the # 4 destination for snow in the northeast by, all USA today, in 2024. Previously grossing over $500, 000 in annual sales, this restaurant is an immediate plug and play for any owner. Recently updated with 64 seats and a 4 tap system, mini splits, new FF&E and interior decoration. Any owner is sure to capitalize on the year round traffic. One block off the main drag of the white Mountain Highway the property is visible from Main Street and Kearsarge Road is used as a main corridor to get to Cranmore Mountain. Over 14, 000 cars pass by a day and the foot traffic is constant. Previous Owner SDE is in excess of $80, 000 a year with a potential for an extra $15, 000 savings on rent, straight to the bottom line. Financials available upon request Must See Desirable Opportunity! Perfect Time to Capitalize on 2025 Summer Tourist Season
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,073 | $3,190 | $4,018 |
Total Monthly Payment | $3,165 | $3,282 | $4,110 |
* 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.