Forest Glen Inn

277 Artist Falls Road | North Conway, NH 03860

35

1,600,000

The Forest Glen Inn was operated as an informal timeshare until 2017 when it was sold and converted back to an Inn. The Inn is set on 6.68 acres, at the end of Artist Falls Road. This quiet road is away from the noise, but only 3 minutes from North Conway Village. The two story inn offers 35 nicely appointed rooms and a range of amenities and features including tennis court, basketball court, pool, kid’s pool, playground, whirlpool room, workout room, ski lockers, wax room, meeting room with 85 seat capacity, 4 employee rooms, oversized two vehicle garage and a roomy manager/owners apartment.
Over the last three years the property has had many upgrades including new propane furnaces, siding, renovations to the meeting/breakfast area, new computer system, new door lock (B-Line RFID card), new flooring, new reception area and more.
The Inn now enjoys a strong repeat business from hikers, mountain bikers, skiers, and family events. The appeal of being very close to North Conway amenities and shopping, but off the “strip” in a very secluded location keeping the repeat business coming back, with each year showing steady growth.

Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
Forest Glen Inn
3143
  • Rooms:

    35

  • Room Sizes:

    7 Queen w/kitchen, 2 queen, 6 standard w/2 queens, 2 Suites, 18 doubles w/kitchen

  • Guest Room Baths:

    Tile floors, formica counter tops, Acrylic tubs with showers

  • Land Area:

    6.68+/- Acres

  • Property Layout/Config:

    30,500 Sq. ft. 2 story building

  • Construction:

    Wood Frame

  • Elevator:

    Handicap lift from Lobby to lower level

  • Electric:

    New Hampshire electric Co-op: back up generator on site

  • Fire Protection:

    Fully sprinklered (Dry system), heat and smoke detectors, life safety compliant

  • Key System:

    RFID cards

  • Zoning Information:

    Residential with grandfathered use for hospitality

  • Interior/Exterior Corridors:

    Interior corridor

  • Hot Water:

    Oil fired off furnace with 600 gallon storage tanks

  • Laundry:

    Guest laundry

  • HVAC:

    Individual A/C units, Forced hot water heat

  • Water/Sewer:

    Municipal

  • Recent Cap Improvements:

    New propane furnaces, oil tank removed, new individual A/C units, new siding, conference space, new ceiling tiles and wall surfaces, employee J-1 housing

  • Cap Improvements Required:

    None

Login to Request Financial Information



Market Data Description:

The Mt. Washington Valley spans over 25 towns from Fryeburg, Maine to Jackson, New Hampshire, Chocorua to Gorham and every town between Crawford and Pinkham Notch. It’s your home away from home, ensuring that you will enjoy the comforts of what you’re used to and more while you’re staying with us. We have hundreds upon hundreds of things to do and so many great places to stay and dine while you’re doing them!


With cozy inns and B&B’s, motels and hotels, fully-functioning resorts, campgrounds and vacation rentals, you will always be taken care of. Dining is no different. Food in the Valley is prepared fresh and restaurants are always trying to use local products and the ambience, service and recipes of the Valley are unique unto themselves. Enjoy any kind of dish from India to the Southwest. Thai, gluten-free, all-natural, Italian, Mexican, Chinese, après-ski, family friendly and fine dining are all right outside your door when you visit. Coffee shops, cafes and delis are perfect for a relaxing meal with a friend or a book or to take-away for a picnic during your daily adventures!

Lodging and dining in the Mt. Washington Valley also provide hospitality for your every need. If you have a four-legged and furry extended family that’s not a problem. Many accommodations welcome your pets with open arms. Restaurants and lodging properties aren’t just pet-friendly, they’re environmentally friendly as well! If you’re in town looking for farm-to-table, all natural and organic or a place that uses only environmentally friendly products throughout their establishment.

Mount Washington Valley
Story Land
Cranmore Mountain Resort
Attitash Ski Resort
Jackson Village and Ski touring Center
IMS Rock climbing school
Saco river canoeing
Settlers Green Village Retail Complex
North Conway Golf Club
Zebs country Store
  • Two Outdoor Pools, one for children both nicely landscaped
  • Hot Tubs
  • 85 seat conference room
  • Recreation room
  • Attractive Lobby with Fireplace
  • Breakfast room
  • Tennis court
  • Outdoor childrens play area
  • Attractive owner's/managers residence
  • Exercise room
  • Barbeques
  • Fire pit
  • Employee housing
  • 42 inch flat screen televisions
  • Telephone
  • Some full kitchens
  • WiFi
  • Cable
  • Hair dryers

Local Competition Description:

The Mt Washington Valley is one of the most active resort areas in the Northeast and therefore has an abundance of hospitality properties from resort hotels to franchised hotels, resort Inns, motels and B and B's. There is much to choose from and we have listed some of the properties that due to location, size style etc. may be most likely market competitors.

Quality Inn
Golden Gables Inn
Briarcliff Motel
Colonial Motel
Cranmore Inn
Eastern Slope Inn

www.mlcalc.com

Register today for up-to-date market information and to acquire financials.

About

Our team welcomes you to the Wason Associates Hospitality Real Estate Brokerage Group web site. Here you will find relevant and up to date information on the market, review current transactions, learn about our services and most importantly review hotels offered for sale.

Contact

Wason Associates
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Phone: 603.766.4982
www.hospitalityrealestate.com
info@hospitalityrealestate.com