Luxury STR- Family Retreat in NH
Investment Info:
Single-family residence buy & hold investment in Mount Hamilton.
Purchase price: $600,000
Cash invested: $250,000
Peak & Pine Retreat is a spacious, family-friendly mountain getaway in Bartlett, NH, in the heart of the White Mountains. This charming post-and-beam home blends rustic character with modern comforts and plenty of room for groups to relax. Just minutes from Attitash, Story Land, and North Conway, it offers the perfect mix of adventure and peaceful wooded surroundings—making it an ideal basecamp for year-round mountain vacations. 🏔️🌲
What made you interested in investing in this type of deal?
This was our first luxury STR, we were focused on high design, high amenity and high cash flow here.
How did you find this deal and how did you negotiate it?
This house was on market but needed a full renovation and design.
How did you finance this deal?
DSCR 75% LTV loan
How did you add value to the deal?
We fully renovated this house and lot, completely transforming it into what it is now.
What was the outcome?
We are the top 5% in our market and projected to hit or exceed our income goals for the year
Lessons learned? Challenges?
Alot of lessons learned here, contractors in markets you haven't done renovations before can become a problem. Also, timelines and Reno budgets sometimes get pushed and extended.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No
