Watervile Valley, NH Wason Associates Hospitality Real Estate Brokerage Group (Wason Associates) has negotiated the sale of The Valley Inn.
The 40-room, boutique-style property offers rooms, suites, and townhouses. It is situated in one of the Northeast’s most sought after resort markets, Waterville Valley. This area’s active three-season resort town is surrounded by 7,000 acres of national forest and includes the Waterville Valley Ski Resort, the “Town Square,” Adventure Center, a golf course, and the White Mountain Athletic Club.
Wason Associates negotiated the transaction between Lund Acquisitions, LLC and Cardinal NH5 Real Estate, LLC for a sale price of $2.97 million. This is the 5th hotel purchased in New Hampshire by the buyer and his affiliates.
“It was a pleasure to facilitate the successful transfer of The Valley Inn to its new owners,” said Earle Wason, CCIM and president of Wason Associates. “We enjoy contributing to the growing New England hospitality market, and working with skilled individuals and companies in our industry.”