North Conway, NH Wason Associates Hospitality Real Estate Brokerage Group (Wason Associates) has negotiated the sale of the Fox Ridge Resort.
In addition to the 30 acres of views of the White Mountains, this 138-room property boasts a number of family-friendly accommodations including an indoor and outdoor swimming pool, dining area, and game room.
Wason Associates negotiated the transaction between the seller, FRNC LLC, and the buyer, CHHAVI Hospitality LLC. With this purchase, the buyer plans to invest $3 million toward a capital improvement plan.
The property will be managed by Jamsan Hotel Management Company of Lexington, Mass.