MLS® ID: 4762613
425 White Mountain Highway
Tamworth, New Hampshire, 03886 $399,000
Just outside of Chocorua Village is this arrangement of cottages and homes for the right investor. Twelve buildings, two of which are used for maintenance purposes, make up the compound. Each has separate utilities and parking areas. Some have been updated and are ready for tenants. Others need some work to make them ready for occupancy. Common area includes a deck and pond for recreation. Location on Route 16 is convenient to Ossipee and North Conway. A little equity can bring about great changes to the bottom line. Current pro forma shows a return of approximately 13%.