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Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Bed & Breakfast
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RESIDE · Eastham, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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