LUX Realty is pleased to announce the sale of the Ogunquit Resort Motel located on US Route 1 in Ogunquit, Maine. LUX represented the seller, Ogunquit Motel Corporation and exclusively arranged the transaction which closed on May 17, 2019.
ORM is an attractive 87-room resort hotel with a variety of family friendly rooms and suites and amenities including a breakfast cafe, game room, gym and olympic size swimming pool. The hotel is located across the street from the Trolley station for easy access to beaches and Ogunquit Village.
The buyer, Giri Hotel Management of Quincy Massachusetts is a successful and growing hotel ownership and management firm with a portfolio of over 34 franchise and independent hotel properties around New England.
For more information, contact Daren Hebold, CCIM.