The Saco River Motor Lodge is set between the tourist hub of the Mount Washington Valley and Fryeburg, Maine and benefits from being the sole Motor lodge to service the neighboring area. The property has seven, 2 and 3 bedroom suites with kitchenettes, 12 traditional motel rooms and 5 long term rental apartments as well as an oversized two car garage. Purchased in 2002, the property has had extensive upgrading and renovations. There are several local events and businesses that regularly refer guest to the Saco River Motor Lodge due to it’s convenient proximity to their locations. These sources account for approximately 64% of their short term rental income. There is also a strong following from the winter recreational guests. Since purchased the pool area was enlarged and upgraded, a playground was added, along with outdoor barbeques and fire pits. All rooms were upgraded with new A/C, carpet, mattresses, flat screen TV’s and everything was repainted. The property has shown steady growth in gross revenue and solid maintenance and improvements continue.

Susan Laskin

2626 E Main St

Asking price

$1,395,000

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Asking price

$1,395,000

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