Property profile

1421 Main St Dennis, MA 02638

OFF-MARKET
Hospitality properties
Built 1964
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Property summary

AI-generated overview

This fee-simple ownership opportunity presents a 20-key hotel located at 1421 Main St, Dennis, MA 02638. Built in 1964 and extensively renovated in 2019, this property is situated in the heart of Cape Cod, a prime tourist destination. The hotel consists of four buildings and offers significant revenue potential in a high-barrier-to-entry market. The property is unencumbered by brand affiliations, debt, or management contracts, providing the new owner with complete operational control. This presents a unique chance to acquire a well-maintained, high-quality lodging establishment with substantial upside. The property's location in Dennis, Massachusetts, ensures consistent demand throughout the peak tourist season and beyond. The 2019 renovation ensures the hotel is equipped with modern amenities and features, attracting a discerning clientele. This is an exceptional investment opportunity for those seeking a profitable venture in the thriving Cape Cod hospitality market. The property is offered as a fee-simple interest, providing complete ownership and control. This turnkey operation is ready for immediate income generation.

Property profile

Verified
Property type Hospitality properties
Year built 1964

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1421 Main St Dennis, MA 02638
Dennis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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