Hotels For Sale - Sandy Bay Motor Inn

The Sandy Bay Motor Inn is for sale at the recent MAI appraised value of $2,600,000. All 79 rooms and all facilities are exceptionally well built with pre-cast concrete floors and ceilings and block walls. The land area is +3 acres, the pool is enclosed and municipal water and sewer run by the property. Although the structure and mechanical operations of the property are excellent there has been no improvements made to the rooms or the common areas and they need considerable cosmetic upgrading, also replacement is required on some roofs and exterior siding. The property has both interior and exterior entryways but is attractive and could be one of Cape Ann’s best properties. This is clearly a redevelopment/repositioning opportunity in one of Massachusetts most attractive resort communities with great "Barriers to Entry"and can benefit greatly by its close proximity to Boston if properly marketed.

Property operations have suffered from the lack of improvements and revenues have dropped considerably from there levels in the early 2000’s of around $1,000,000 in room revenues, the restaurant has not been operated agressively and closed in January of 2007 and the entire property was closed the first week in June 2007. A purchase in early 2009 so that improvements can be made in the winter months with a re-opening in the spring is very feasible.


home property listings press room articles about us / bios market update Redevelopment Opportunities registration form owners

Sandy Bay Motor Inn Rockport MA		New Listings \| Sold Properties \| Email Us \| Print this page
		Sandy Bay Motor Inn Rockport MA
Sandy Bay Motor Inn Rockport MA Sandy Bay Motor Inn Website Gallery of Photos Hotel Data Pricing & Financials Location Data Local Competition Zoning Information Map of Property Market Data - City of Rockport MA Rockport Chamber of Commerce Confidentiality Agreement PROPERTY HIGHLIGHTS * Set Scenic Rockport Massachusetts * 2.8 Plus Acre Site * 79 Rooms * Resort Community * Restaurant		The Sandy Bay Motor Inn is for sale at the recent MAI appraised value of $2,600,000. All 79 rooms and all facilities are exceptionally well built with pre-cast concrete floors and ceilings and block walls. The land area is +3 acres, the pool is enclosed and municipal water and sewer run by the property. Although the structure and mechanical operations of the property are excellent there has been no improvements made to the rooms or the common areas and they need considerable cosmetic upgrading, also replacement is required on some roofs and exterior siding. The property has both interior and exterior entryways but is attractive and could be one of Cape Ann’s best properties. This is clearly a redevelopment/repositioning opportunity in one of Massachusetts most attractive resort communities with great "Barriers to Entry"and can benefit greatly by its close proximity to Boston if properly marketed. Property operations have suffered from the lack of improvements and revenues have dropped considerably from there levels in the early 2000’s of around $1,000,000 in room revenues, the restaurant has not been operated agressively and closed in January of 2007 and the entire property was closed the first week in June 2007. A purchase in early 2009 so that improvements can be made in the winter months with a re-opening in the spring is very feasible.
	Hospitality Brokers Serving all of New England

Sandy Bay Motor Inn Rockport MA