This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinationsâ??Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motelâ??s proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
Londonderry is located in Vermont. Londonderry, Vermont has a population of 1,886. Londonderry is less family-centric than the surrounding county with 20.74% of the households containing married families with children. The county average for households married with children is 20.95%.
The median household income in Londonderry, Vermont is $55,465. The median household income for the surrounding county is $59,195 compared to the national median of $69,021. The median age of people living in Londonderry is 53.3 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 51 inches per year, with 99.3 inches of snow per year.
