Wason Associates Negotiates the Sale of the Valley Inn in Waterville Valley, NH
PORTSMOUTH, NH. April 27, 2017 – Wason Associates Hospitality Real Estate Brokerage Group (Wason Associates) is pleased to announce that they have successfully negotiated the sale of The Valley Inn located in Waterville Valley, New Hampshire. The sale was finalized on December 20, 2016.
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 $2,975,000. 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,” states 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.”
About Wason Associates Hospitality Real Estate Brokerage Group
Wason Associates is a highly-respected New England-based brokerage firm comprised of professionals who bring a unique combination of financial, banking, and real estate expertise to each transaction. President, Earle Wason, CCIM has over 30 years of experience in the hospitality real estate market. Offering advisory services to both buyers and sellers, Wason Associates provides a strategic, client-centric approach to problem-solving, financial advising, and transaction execution. For more information on Wason Associates, visit www.hospitalityrealestate.com.
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