Winnipesaukee Forum - View Single Post - Lower Unit of Belknap Point Motel for sale

SteveA · 03-22-2015, 06:56 PM

As I stated in the orginal message, I am friends with the current owners of the Belknap Motel and Inn.

Recently, Harry Blinn, (owner) asked if I'd bump this thread up up. They have new information and a reduced asking price.

Thanks,

From the owners:

"We originally posted the waterfront unit only which drew a lot of interest before it was decided to sell the whole Belknap Point package about a year ago. During that time there have been 3 contracts on the property and in each case failed due to buyer financing problems. In each case it comes off the market so as a result it has not been openely available that long. There are 3 local banks ready and willing to loan 80% financing toward the purchase. The price has been reduced to 1.25 million."

http://www.bpmotel.com/

For the record, I have NO business interest in this transaction in any way, just posting this for a friend. Please direct any questions to the folks at Belknap Point.

03-22-2015, 06:56 PM	#10
SteveA Deceased Member Join Date: Jul 2006 Location: Gilford, NH Posts: 2,311 Thanks: 1,070 Thanked 2,054 Times in 497 Posts	Update As I stated in the orginal message, I am friends with the current owners of the Belknap Motel and Inn. Recently, Harry Blinn, (owner) asked if I'd bump this thread up up. They have new information and a reduced asking price. Thanks, From the owners: "We originally posted the waterfront unit only which drew a lot of interest before it was decided to sell the whole Belknap Point package about a year ago. During that time there have been 3 contracts on the property and in each case failed due to buyer financing problems. In each case it comes off the market so as a result it has not been openely available that long. There are 3 local banks ready and willing to loan 80% financing toward the purchase. The price has been reduced to 1.25 million." http://www.bpmotel.com/ For the record, I have NO business interest in this transaction in any way, just posting this for a friend. Please direct any questions to the folks at Belknap Point. __________________ "Before you criticize someone, walk a mile in his shoes. That way, if he gets angry he'll be a mile away and barefoot!" unknown Last edited by SteveA; 03-22-2015 at 07:04 PM. Reason: more information

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