1146 Cold Spring Rd - Hospitality FOR SALE


Williamstown, MA 01267
$1,500,000 USD
617-610-7774
1146 Cold Spring Rd, Williamstown, MA for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

1146 Cold Spring Rd
Williamstown, MA 01267


HIGHLIGHTS

  • Beautiful Owners Apartment 4 bedrooms - 2 Baths - Live Free or Rent Out for added Revenue
  • Prime Location: Located near major cultural institutions and outdoor attractions
  • Upside Opportunity: Expand services, enhance guest experience, and explore event hosting options
  • 21 guest rooms equipped with modern comforts like Wi-Fi, refrigerators, and private bathrooms
  • Growth Potential: Plenty of opportunity to improve operational efficiency and increase revenue
  • Diversified Appeal: A great fit for an Owner looking to optimize a lovely well-located property

OVERVIEW

Stay Berkshires Resort, a 21-room boutique property located in Williamstown, Massachusetts, offers an attractive investment opportunity in the heart of the Berkshires. With its close proximity to cultural attractions like Williams College, the Clark Art Institute, and Mount Greylock, this property is well-suited for both leisure and business travelers seeking a peaceful retreat or an active getaway. This property presents a great opportunity for a focused owner/operator to enhance its performance and unlock its full potential. With targeted upgrades to the guest experience, marketing, and management, Stay Berkshires Resort could see a substantial increase in occupancy and revenue, creating significant upside for the right buyer. Key Highlights: Prime Location: Located near major cultural institutions and outdoor attractions. Growth Potential: Plenty of opportunity to improve operational efficiency and increase revenue. Upside Opportunity: Expand services, enhance guest experience, and explore event hosting options. Live Rent Free - Lovely 4 bedroom 2 bath Duplex Apartment for Owner or Manager or Rent Out.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$172 USD /SF

# OF ROOMS

21

PRICE/ROOM

$71,429 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stay Berkshires Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

RR

APN/PARCEL ID

WILL-000211-000000-000005

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.