Owner-Operator Dream: VT Motel + Restaurant + Dev. Land + Bonus Home
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Profitable Motel Portfolio with 200-Unit Development Upside
This is a rare opportunity to buy two cash-flowing properties with one of the best development upsides in the Upper Valley, minutes from Dartmouth College and Hospital.
Property 1: 19-Unit Motel (Price: $3.7M)
• The Business: 19 turnkey units (studios w/ kitchenettes) plus a 3-bed owner's apartment and 1-bed manager's apartment.
• The Sizzle (Upside): The property is connected to town sewer and water with certified capacity for a 200-unit hotel or 100-unit apartment complex.
• Immediate Growth: Includes approved architectural plans for a 25-unit expansion.
• Bonus Income: A fully equipped restaurant (currently closed) is ready for an easy re-launch.
Property 2: Luxury Duplex Home (Price: $1.3M)
• The Home: A 3-bed, 2.5-bath luxury owner's unit with high-end finishes, sunroom, and mountain views.
• The Income: A separate 5-bedroom rental unit, perfect for hospital staff (only 7 mins to Dartmouth Hitchcock).
• The Location: Prime Norwich, VT address, 5 mins from Dartmouth College.
The Offering
• Package Price: $4.3M
• Flexibility: Properties can be purchased separately.
• Confidential Sale: An NDA is required for full financials and location details.
This is a rare opportunity to buy two cash-flowing properties with one of the best development upsides in the Upper Valley, minutes from Dartmouth College and Hospital.
Property 1: 19-Unit Motel (Price: $3.7M)
• The Business: 19 turnkey units (studios w/ kitchenettes) plus a 3-bed owner's apartment and 1-bed manager's apartment.
• The Sizzle (Upside): The property is connected to town sewer and water with certified capacity for a 200-unit hotel or 100-unit apartment complex.
• Immediate Growth: Includes approved architectural plans for a 25-unit expansion.
• Bonus Income: A fully equipped restaurant (currently closed) is ready for an easy re-launch.
Property 2: Luxury Duplex Home (Price: $1.3M)
• The Home: A 3-bed, 2.5-bath luxury owner's unit with high-end finishes, sunroom, and mountain views.
• The Income: A separate 5-bedroom rental unit, perfect for hospital staff (only 7 mins to Dartmouth Hitchcock).
• The Location: Prime Norwich, VT address, 5 mins from Dartmouth College.
The Offering
• Package Price: $4.3M
• Flexibility: Properties can be purchased separately.
• Confidential Sale: An NDA is required for full financials and location details.
About the Business
- Years in Operation
- 24
- Employees
- 5 (5 Full-time)
- Market Outlook / Competition
- The motel is in a high-visibility location is miles from Dartmouth College and Hanover, N.H.. Demand drivers include tourism (Green Mountains, fall foliage) and local alternative/weekly housing needs. The area is reportedly experiencing commercial growth, and there is high demand for apartments in Vermont.
Competition: The property is flanked by commercial businesses, including a newly built Family Dollar. A new entertainment and restaurant complex has been approved for construction on a recently purchased property directly across the street. - Opportunities for Growth
- Property Development: The motel property is connected to town sewer and water, with a main line certified to support a 200-unit hotel or 100-unit apartment complex.
Approved Plans: Designs for a 25-studio apartment building are already in place.
Revenue Reactivation: The complex includes a fully-equipped restaurant and bar (currently closed) that can be reopened for an immediate new income stream.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Moving
- Transition Support
- The current owner is willing to provide support and training to the new buyer to ensure a smooth transition.
- Financing Options
- Negotiable
Listing Info
- ID
- 2431478
- Listing Views
- 471
Listing ID: 2431478 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
