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Property profile & analytics
OFF-MARKET
Hospitality properties

27 Is Inn Rd Oak Bluffs, MA 02557

329 SF Built 1979
Property ID
Property summary
AI-generated overview

This exceptional 51-unit condotel, located at 27 Island Inn Road in Oak Bluffs, Massachusetts, presents a unique investment opportunity. The property, built in 1979, boasts a total of 329 square feet across one building situated on a spacious 217,800 square foot lot. The asking price is $235,000. This multifamily property operates seasonally, from April to October, and includes a ground-level studio unit fully furnished and equipped with patio access. The Island Inn offers an array of resort-style amenities, including a pool, tennis court, charcoal grills, fire pits, a playground, and an event hall. Its convenient location provides easy access to State Beach and the town of Oak Bluffs. On-site management handles bookings, cleaning, and routine maintenance, ensuring a hassle-free ownership experience. The property's popularity and established management structure contribute to its strong income potential. Note that showings inside the unit are scheduled only between tenants. This is an ideal opportunity for investors seeking a turnkey, income-generating property in a desirable vacation destination.

Property profile
Verified
Property type Hospitality properties
Year built 1979
Total area 329 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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