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Buyers/agents to confirm all details. Chuck Carey | 508-790-8900. Cape cod motel for sale replica. Leven continues, "We see substantial opportunity to deploy our institutional-quality management platform to enhance the current infrastructure, programming, and operations at the property to unlock significant value. The second floor provides 2 large bedrooms, lots of closet/storage space and a full bath. Sold by Carey Commercial 2019. Listed by Deb J Kenney of Berkshire Hathaway HomeServices Robert Paul Properties. "The acquisition of this property in world-famous Cape Cod (MA) aligns perfectly with our strategic growth plan in the upscale boutique, independent, and marina space, " states Rob Leven, chief investment officer of Procaccianti Companies.
Please enter your Last Name. Thunderbird Motel, West Yarmouth (2003). Deals on motels in cape cod ma. 3M by Chuck & Cecelia. SOLD: The Dennisport Motel. Too many reports selected. "Cape Cod, Massachusetts, and Chatham, in particular, is among the top-performing leisure markets in the United States with tremendously high barriers to entry which amplifies this acquisition as an extremely rare real estate investment opportunity. In a response to a guest who asked why they can't get in touch with someone, the Facebook page said; "The motel was sold last year and now it's under construction.
B&Bs Unbound, The State of B&Bs in the U. Phocuswright. Construction is under way for the new addition to the Hyannis Harbor Hotel at 213 Ocean St. across from Bismore Park and the Hy-Line Cruises ferry terminal. The Crest Arts Pavilion Opening Date + More. However, given the challenges and complexity of operating a B&B, specifically due to COVID-19, many owners are marketing their properties with residential brokers who are finding interest from buyers who will no longer operate the property as a B&B. Doug Cohen, president of the Newport Hotel Group, which has owned the property since 1999, said the new 68-room building will be a year-round luxury hotel to complement the existing seasonal facility, which operates April to October. As the prospect of operating an inn becomes less feasible, innkeepers may choose to sell their inns for conversion into private single-family homes. Hyannis Commercial Real Estate for Sale. Lodging on Cape Cod consists primarily of smaller inns, motels, and bed and breakfasts, with a few smaller upscale hotels. As restrictions have been lifted, the more recent months have experienced a lesser YOY impact which was aided by the increased level of drive-to leisure demand given Cape Cod's proximity and accessibility from several larger metropolitan areas, such as Boston. Historically a prominent fishing, whaling, and trading region, Cape Cod, Martha's Vineyard, and Nantucket have evolved to become well renowned resort destinations. Don't miss this rare opportunity of one floor living in the beautiful sea-side village of Osterville. However, unlike a hotel/motel, the owner of a B&B usually lives on property in the owner's quarters, assuming the role of manager and completing tasks such as housekeeping and cooking, hence the term "innkeeper. "
Enjoy being in the heart of Dennis port only 9/10ths to Sea Street Beach, even closer to downtown where you will find amazing restaurants, coffee shops, health food stores, shopping and so much more. This is Simon Konover's first hotel on the Cape, according to a press release. Our hotel in Cape Cod offers everything you need for a memorable, Atlantic escape. This landmark facility has decades of success. This site was last updated March 12, 2023 11:51 AM EDT. Cape Cod MA $100k-$200k Homes for Sale | Cape Cod MA Real Estate. You're going to love this spacious updated condo in Buck Island Village. They recognized the value we built and expressed their commitment to being responsible stewards of this tremendous asset. Listed by Rebecca Hightower and Dennis D Murphy of Weichert, Realtors-Donahue Partners. Beginning in March of 2020, the Cape and Islands lodging market experienced considerable RevPAR declines as the local area and surrounding regions were under stay-at-home orders and other travel restrictions due to the coronavirus pandemic.
Spacious, upper level, end unit condominium in lovely Seabreeze Condos of Dennis port, a year round complex in a fabulous location. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. Carey said the problem with hotels on the Route 28 corridor in Yarmouth has been the Cape Cod Commission. If this trend continues, and as the buyer pool for B&Bs has decreased, we could also experience a decrease in the number of active B&Bs over the next several years. Full basement with tall ceilings and the potential of finished bonus space. Handkerchief Shoals, South Harwich. The other full bath contains a W/D hookup. The chart below details the self-description of B&B guests compared to that of non-B&B guests, as compiled by the Association of Independent Hospitality Professionals. SOLD: Waterfront Hotel in Plymouth. The phrase "Cape Cod and the Islands" commonly refers to the region of Barnstable County, Dukes County, and Nantucket County in Massachusetts. Listed by The Cape House Team and Christine Potoczny of William Raveis Real Estate & Home Services. Listed by Karen D Lilly of Property Cape Cod. Closed motel is for sale: Thunderbird was hit with violation notices. "The property came on the market in July and was under agreement in October.
Sunny, relaxed and refined condo living in this Hyannisport Model with approx. Worcester County, MA. "We have no plans for that building, " he said. Chatham Highlander, Route 28 Chatham. Listed by Paula T Casey of Beach Realty. Renovations are also on the fall calendar for the seasonal building. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. "Our Capital Markets Group has been selling hotels throughout New England since 2014, " said Jason Weissman, founder and senior partner of Boston Realty Advisors. It has the convenience of washer-dryer hookup in the unit master bedroom, as well as a private storage area in the basement with washer-dryer hookup. The Chatham Wayside Inn comprises two buildings. Cape cod motel for sale philippines. The charts below display market performance of entire homes and private room rentals for Provincetown for the period between September 2017 and September 2020. Nautilus Motel, Woods Hole Falmouth (2002). MLS Number 73085279. The bright upgraded kitchen boasts white cabinetry with mullion glass cabinet doors, under cabinet lighting, many upgraded storage feature and gorgeous granite counter tops.
This adorable cottage has just been updated with a modern coastal vibe! As evidenced in the chart below which reflects future booked reservations for private rooms in Provincetown from October 2020 through March 2021, occupancy through December 2020 is anticipated to be above historical levels, as pent-up demand is released in the market. The business is in the top 0. Weeks can be broken up as well. Similar to trends experienced within the overall lodging industry, online travel agencies have become a major booking tool for bed and breakfast inns. Beautiful kitchen, generous bedrooms, private deck and balcony, full basement, and central location. 28 Unit High Grossing Sales. Beach N' Town Motel, South Yarmouth (2004). The values of longtime individually owned properties have grown in recent years, and investors and companies owning multiple hospitality properties have been increasingly interested in acquiring single-property holdings or small portfolios.
Nestled into Falmouth Village is a small Condominium Association called Cedar Court. "They were like family to us, " said James Hurley, noting return visitors had particular rooms they stayed in, and some even put plaques above the doors. Provincetown is known for its pristine beaches and natural beauty with over 20 miles of coastal shoreline, as well as its thriving culture that celebrates its history as an "artist haven" with numerous art galleries, museums, and theaters. The sale of the motel does not mean the brothers are retiring — far from it. NO sewer betterment as it has been paid in full by the Owner! SOLD: The Falmouth Inn. Commonly referred to as "P-Town", Provincetown has an estimated year-round population of approximately 2, 628 as of 2018, which increases dramatically during the summer season when the population can range from 19, 000 to 60, 000. And with the condo fee covering water, snow + rubbish removal, recreation amenities and landscaping, you won't have to worry about any extra expenses.
Other Hospitality Property Sales By Chuck Carey ~.