Pending

935 Ocean BoulevardHampton, NH 03842Price: $2,500,000

  • Price: $2,500,000
  • 74 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,500,000List Price
  • 1.12Acreage
  • 7,383Square Feet
Listed by Paul McInnis and Justin Conway of Paul McInnis LLC
Trustee's Sale at AUCTION Windjammer By the Sea Motel Hampton, NH Online-only auction ends: Thursday, October 13th at 2:00 p.m. Selling to the highest bidder at or above $2,500,000. The owners have decided to retire, and now is the time for the next steward to take their place. The motel enjoys expansive ocean views and has been operating for more than two hundred years. This exquisite property is situated on Hampton's North Beach across from Bicentennial Park, just two miles north of Hampton Beach, home to the renowned Hampton Beach Casino Ballroom. North Beach is the sought-after location by locals and surfers alike for its relaxed atmosphere and excellent surfing. The Windjammer comprises twenty-two guest rooms, a first-floor garden apartment, and a basement apartment with full kitchens and bathrooms. Amenities include an in-ground swimming pool, a picnic area, and ample on-site parking with adjacent public parking. Each room is uniquely appointed; some include full kitchens or a kitchenette. The guest rooms rent up to $380 per night in season, with an owner-reported gross revenue of $420,000 for the 2021 season. Financials are available for review with the auctioneer. The property totals 1.12 acres in the Business-Seasonal zone, which allows for many permitted uses. (delayed showing 9/28 by appointment)

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 28, 2022 9:24 AM EST.

 

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