LUX Realty is pleased to offer to qualified investors a modern, 20-room oceanfront boutique hotel. The hotel is located within an exceptional, affluent Cape Cod resort destination with frontage on the Nantucket Sound.
This premium offering is located in a high-barrier-to-entry leisure submarket with zero new hotel inventory in many years. Lodging room inventory in this submarket is currently shrinking as older motels and inns located on premium land parcels are razed and replaced with newly constructed high-end residences.
Completely renovated and reappointed in 2012, the hotel features a mix of attractive queen, king rooms and premium king suites. The grounds include a courtyard, expansive deck and private beach for hotel guests. The beach can accommodate a 150-person tent for weddings and private events. This property and business also feature robust revenues, loyal staff and excellent online reviews.
Exclusively Offered at $3,800,000.
Contact Daren Hebold, CCIM for a discussion and to obtain a confidentiality agreement.