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    960 State Hwy Eastham, MA 02642

    Sponsored
    For Sale
    $3,395,000

    Profitable 22-unit Inn, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 22-unit adult-only inn, situated on a spacious 103,935 square foot lot in Eastham, Massachusetts, presents a remarkable investment opportunity. Built in 1960 and extensively upgraded over the past 12 years, this turnkey property boasts tasteful and comprehensive improvements both inside and out. Guests enjoy a continental breakfast served on a sunny porch overlooking the woods, a refreshing pool, and private back decks on most rooms. A new gas fire pit adds to the inviting outdoor ambiance. The inn's enviable location at the gateway to the Cape Cod National Seashore provides easy access to world-renowned Eastham beaches, both bayside and oceanside. Nearby amenities include restaurants, shops, and the Cape Cod Rail Trail. Summer entertainment options abound with concerts, events, and programs at the Eastham Windmill and the Salt Pond Visitors Center. Convenient access to Orleans and the Outer Cape further enhances its appeal. This consistently top-rated inn (ranked #1 on TripAdvisor for over 20 years) enjoys a strong reputation and loyal clientele, ensuring a successful and profitable operation. The asking price is $3,395,000. This is a truly exceptional opportunity to acquire a thriving and well-established business in a highly desirable location. The property's zip code is 02642.

    Property Features for 960 State Hwy

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1960

    HighLights

    • 22‑unit adult‑only inn in Eastham, MA on a 103,935 sq ft lot.
    • Turnkey operation with extensive upgrades over the past 12 years.
    • Features include a pool, private decks, and a gas fire pit.
    • Prime location near Eastham beaches and Cape Cod National Seashore.
    • Consistently high‑rated (#1 on TripAdvisor for over 20 years) with strong reputation and loyal clientele.
    • Asking price: $3,395,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eagle Wing Inn Inn

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Clothing Store Hotel & Motel Kitchen & Bath Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastham
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.9721787
    Latitude
    41.8089302

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    FAQs

    What type of property is this?
    Specialty property - Profitable 22-unit Inn, prime location.
    Where is this specialty property located?
    The property is located at 960 State Hwy Eastham, MA.
    What is the asking price?
    The asking price for this property is $3,395,000.
    What are key features of this property?
    This property features: 22-unit adult-only inn in Eastham, MA on a 103,935 sq ft lot.; Turnkey operation with extensive upgrades over the past 12 years.; Features include a pool, private decks, and a gas fire pit.
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    960 State Hwy Eastham, MA 02642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    960 State Hwy Eastham, MA 02642
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