198 Ashworth Avenue
- 4 Buildings totaling 44-unit, plus a Managers Residence
- Built in 1983, renovated in 2015
- Walking Distance to Downtown Hampton Beach
Property Description
Northeast Private Client Group is proud to present the Flagship Motorcourt Motel located at 198 Ashworth Ave in Hampton, NH. This offering consists of 44 motel units, a manager’s residence, and an office/reception. Guests enjoy ample off-street parking, a pool area as well as walking distance to all local beaches, shops, and restaurants. This property is just .5 miles from the proposed 100-unit Condo, 3000+ seat music venue and new restaurant and retail space. New owner can step into an attractive 9% cap rate while have the opportunity to increase occupancy while also taking advantage of the new development happening in the area.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $4,750,000 |
| No. of Units: | 44 |
| Year Built: | 1983 |
| Lot Size: | 0.65 Acres |
| Opportunity Zone: | No |
| Price per unit: | $107,955 |
| Property Website | Click Here |
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