1195 Whittier Highway Moultonborough, NH

$2,400,000
Acres 4.23
Photo of 1195 Whittier Highway Moultonborough NH 03254




Description

The company will acquire, develop, and operate a prime mixed-use commercial and self-storage facility in a high-demand location. The property consists of 4.23 acres zoned commercial 16,979sq ft of 12 commercial/residential rental units situated on a major highway with 1061 feet of highway frontage. The new owner will have transfer permits to build 212 self-storage units. You can hit the ground running and build right away. The current owner has completed approved designs and is open to handle construction of the storage units. This dual-revenue model, combined with an exceptional location at the north end of New Hampshire's largest lake, provides a compelling investment opportunity. The total project cost is $3,210,000 million (purchase price of $2.4 million plus $809,000 for development), with a projected attractive 9.2% capitalization rate, offering strong, stable returns. Financials and CIM available with a NDA.


Listed by Resolute Realty Group, LLC, Jody Reese 603-824-5794

Details

MLS 5065529
Price $2,400,000
Status Active
DOM 149 days
Type Commercial
Lot Size 4.23 acres
Taxes Paid $4,768

Lot & Building Features

Utilities Gas On-Site
Sewer Leach Field
Tax Year 2024
Taxes Paid $4,768
Water Drilled Well
Half Baths 0

Map

Get Directions

Financing

$
20%
0.19866666666667%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.