Commercial Corner Location

2365 White Mountain Highway (Route 16), Ossipee, New Hampshire is the site of an existing 34-unit motel on 8± acres.  The lot has 500± feet of frontage along Route 16 and 850± along Route 25.  There is an additional, cape-style home on the property, reportedly used as owner’s quarters.

Inspection:  One hour prior to auction, if permitted.

Terms:  A $10,000 Deposit by certified check, bank check or other form of payment acceptable to Mortgagee at the time and place of sale is required to bid (unsuccessful bidders’ deposits to be returned immediately following sale).  Successful bidder will increase deposit by 10% of the remaining balance of the purchase price within 5 days of the public auction, with the balance of the purchase price due at closing within 45 days after the sale.  The property will be sold “As Is” subject to all Terms of Sale.  Sale per Order of the Mortgagee & Secured Party.  Buyer Broker Participation Welcome

Ref. #10PM-75