Garages at Carr Point Condo

Project facts

Status
Completed
Address
5 Cumberland Road
City
Gilford, New Hampshire
Region
New Hampshire
Submarket
Lakes Region
Units
54
Average unit size
324 SF
Amenity tier
Standard
Construction
Wood-Frame
Finish level
Basic
Year built
2019
Flood zone
D

Trade Area

Households within 5 Miles
3,051
Median Household Income
$111,985
Households Earning $200K+
536 (17.6%)
Wealth Index
4.2 of 10

US Census ACS 5-Year 2024, 5-mile radius. The Wealth Index scores every project Storage Condo King tracks nationwide from 0 to 10.

Location Summary

Garages at Carr Point Condo is a garage storage condominium at 5 Cumberland Road in Gilford, New Hampshire. Its 54 units, in three wood-frame buildings, average about 324 square feet, with footprints from about 228 to 420 square feet. Completed in 2019, it is a standard-tier campus with a basic common-area finish, and its units are deeded.

The site is on Lake Shore Road (N.H. 11) near Lake Winnipesaukee in Gilford, the Belknap County town just east of Laconia. N.H. 11 and U.S. 3 lead west to Interstate 93, and Manchester-Boston Regional Airport is the nearest major commercial airport. Demand drivers include boating on the lake, Gunstock Mountain Resort and the region's many seasonal homeowners.

The campus is complete. The Gilford Planning Board approved it in 2017 with condominium ownership, the first unit deeds were recorded in January 2019, and the garages are owned by individuals. The SCK national database tracks 7 projects in the Lakes Region submarket, 5 of them completed, all in New Hampshire.

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