$1,595,000

3465 White Mountain Highway, Conway, NH 03860

Commercial Property
Built in 1840
0.82acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

This listing courtesy of Kimberly Clarke, KW Coastal and Lakes & Mountains Realty/N Conway

The VALE APARTMENTS, a luxury rental property in an ideal location on Route 16 with views to Mount Washington and the Moat Mountain Range. Three years ago the current owners transformed the property into 7 long -term rental apartments including a 1BR accessible ADA unit, 5 additional one bedroom units, and one 2 bedroom unit, all beautifully appointed and meticulously upgraded. Some have Brazilian Cherry, Luxury Vinyl Plank, and pine floors, brick & granite walls, and a piece of the 4” granite bar from the original McGrath’s Tavern. Open living spaces with efficient mini splits for heat & AC, LED lights, trendy Waypoint kitchens, ceiling fans with remotes in the bedrooms, custom window blinds and keyless entries. The building is fully rented with tenants enjoying the large roof top deck overlooking the mountains on both sides, plenty of off street parking in a well-lit paved parking lot, fenced in dog run, lighted common areas, storage rooms and coin-op w/d in the basement. Building is fully sprinklered, and apartments are alarmed individually. NOI is currently $93,000+. Potential Seller Financing to qualified buyer: 30% down, 5.5% interest, 25 years, 5 year balloon. An exceptional investment property. 48 hours notice required for all showings. Buyer to confirm all information, measures are approximate. Broker Interest.

Listing Status:: Active
Date Added:: October 6, 2025 at 05:00AM
Listing Office:: KW Coastal and Lakes & Mountains Realty/N Conway : 603-730-5683
Listing Agent:: Kimberly Clarke : 603-986-0840
MLS ID:: 5064553

Basement: Concrete FloorInterior StairsAssigned StorageLocked StorageExterior Access
A/C: Mini Split
Heating: BaseboardElectricMini Split

Parking: On-SiteParking Spaces 11 - 20PavedUnassigned

Roofing: Shingle
General: Wood FrameBrick ExteriorClapboard ExteriorShingle SidingStone Exterior

County: Carroll

Zoning: HC

Utilities: Cable at SiteUnderground Utilities
Water: Public
Sewer: Public

This listing courtesy of Kimberly Clarke, KW Coastal and Lakes & Mountains Realty/N Conway

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

John H. Fuller School

51 Pine St, North Conway, NH, 03860

Grades KG-6

1.21 miles away

Kennett Middle School

176 Main St, Conway, NH, 03818

Grades 7-8

6.38 miles away

Kennett High School

409 Eagles Way, North Conway, NH, 03860

Grades 9-12

5.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.