Updated Oct 28, 2024
AE Wentworth Acquires Hotel In Jackson, NH For $11.5M
1 Carter Notch Road, Jackson, New Hampshire 03846, United States
$11,500,000
$194/SF
Building Size
59,000 SF
Asset Type
Hotel
Closing
Jan 6, 2022
About this deal
AI
The Hotel located at 1 Carter Notch Rd in Jackson, NH has been sold for $11,500,000. The property spans 59,000 square feet, resulting in a price per square foot of $195.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $11,500,000
- Address: 1 Carter Notch Rd
- Market: Jackson, NH
- Seller: Atlantic Equity Partners, LLC
- Seller's Representative: Earle Wason CCIM - Wason Associates Hospitality Real Estate Brokerage Group
- Buyer: AE Wentworth
Earle Wason CCIM from Wason Associates Hospitality Real Estate Brokerage Group represented the seller, Atlantic Equity Partners, LLC, in this transaction.
Players
Jackson Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93