Remarks

Flagship Motorcourt Investors, Developers, and Operators—Take Notice! This well-maintained 44-unit motel in the heart of Hampton Beach is an exceptional opportunity. Close to shops, attractions, restaurants; and the most desirable stretch of sand—the Island Section. This property offers a great investment opportunity for various types of buyers. For operators seeking a motel, this property consists of four buildings with a total of 44 motel units Manager’s residence with an office and storeroom. Amenities include a spacious courtyard with picnic tables and grilling stations, along with a pool area. The Flagship Motorcourt boasts a strong rental history with many repeat guests. The rooms are well-sized and attractive, and with your personal touches, this could be transformed into a boutique motel. Hampton Beach is experiencing growth, making this property a perfect fit for its evolving future. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. The panoramic views at this elevation, as shown in the included drone photos, are spectacular. This zoning allows for numerous opportunities, especially with a parcel of this size. The property also features ample parking and dual frontage on Ashworth Avenue and Whitten Street. The Flagship Motorcourt is a truly unique property and a solid investment, offering significant potential for immediate returns or future development.

Details

MLS#: 5024757
Price: $4,900,000

Year Built: 1980

County: Rockingham
Lot Size: 28314
Tax Fee: 27870