Hotel & Motel Property For Sale - 68 Dane Street

68 Dane Street, Beverly, MA, 01915

 
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Hotel & Motel For Sale
Beverly, MA
Massachusetts

68 Dane Street

 

Beverly, Massachusetts 01915
County: Essex
 
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  For Sale Active  
Property Use Type:Investment
Type:Hotel & Motel
Economy/Limited Service
No. Rooms:21
Building Size:6,333 SF
Lot Size:6,534 SF
Price:$925,000
Price/Room:$44,048
Cap Rate:8.10%
Year Built:1800
Date Last Verified:12/29/2008
Property ID:15261532
 
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 Additional Information 

Property Description:
Former Greycroft Inn, now 21 room Lodging/Rooming House; All rooms with refrigerators; 4 full baths, 2 half baths, common living room, porch, deck, aprox. 5 car parking, 2 new digital FHW by gas boilers; Many new windows, attic insulation, coin-op laundry; Near library, Dane Street Beach and Independence Park

Location Description:
Residential area with many single family homes, near beach and park

No. Stories:3
 Highlights 
•Near beach & park•Lodging/Rooming House
 
•21 rooms rented weekly  
7/28/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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