28 Weaver Ave - Hospitality FOR SALE


Newport, RI 02840
$3,100,000 USD
413-522-0911
28 Weaver Ave, Newport, RI for Sale
$3,100,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

28 Weaver Ave
Newport, RI 02840


HIGHLIGHTS

  • Walk to Downtown
  • Off Street Parking
  • Each Room has Their Own Bathroom
  • Walk to Grocery Stores

OVERVIEW

This turnkey 7-bedroom 5 car parking lot Airbnb in the heart of Newport, RI, is a rare investment opportunity offering both immediate cash flow and long-term asset appreciation. Designed to accommodate up to 16 guests, the property consistently attracts high occupancy from vacationers, wedding parties, and seasonal events. Included in the sale is the building itself—giving buyers full ownership of a high-performing short-term rental in one of New England’s premier coastal destinations. Whether you're looking to expand your portfolio or enter the hospitality market, this property delivers strong returns and prime location value. In addition to its proven success as a short-term rental, this versatile property also offers the flexibility to be converted into long-term rentals or used as a spacious private residence. Whether you're an investor seeking multiple income strategies or a buyer looking for a stunning new home in a prime Newport location, this property adapts to your goals while offering exceptional value and potential.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$598 USD /SF

# OF ROOMS

12

PRICE/ROOM

$258,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The BreakHouse Newport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1863

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-10

APN/PARCEL ID

NEWP-000034-000000-000143

ASK ABOUT THIS PROPERTY

Taylor HartwrightCrew Investments LLCMore Info
413-522-0911

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Taylor HartwrightCrew Investments LLCMore Info
413-522-0911

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