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Browse More Listings in Hotel & Motel For Sale, Williamstown, MA or Massachusetts

Hotel / Motel For Sale

910 Cold Spring Rd

910 Cold Spring Rd, Williamstown, MA 01267

Price:
$2,100,000
No. Rooms:
30
Building Size:
12,974 SF
Price/Room:
$70,000
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
12%
Average Daily Rate:
$110
Average Occupancy:
40%
No. Stories:
1
Year Built:
1993
Lot Size:
7.80 AC
Find Out More...

Last Verified 10/20/2009 Listing ID 15832667

Description

Well established two building motel in extremely well maintained condition. High exposure location
on state highway Rt 7 in an upscale college community. Above average quality furniture &
furnishings in rooms. Buildings are bright and have an attractive appearance -- property includes a
20 x 40 heated swimming pool. Private owner or manager's quarters are a fantastic 6 room, 3
bedrm/2 ba unit. Turn key sale incl. all furniture, fixtures, mechanicals, computer programs & web
sites.

Property is located in a college town on a main Rt. into town that has a mixture of businesses and residential properties.

Attachments

Enhanced Listing Web Site

Financial Summary

Actual
Year
2007
Scheduled Gross Income
$482,457
Operating Expenses
$232,000
Net Operating Income
$250,457

Map of 910 Cold Spring Rd, Williamstown, MA 01267 (Berkshire County)

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Contact Listing Broker

Michael Sorrentino (413) 637-8006 Ext: 27

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Created 8/4/2008

Additional Information for 910 Cold Spring Road, Williamstown, MA 01267

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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Hotel & Motel Property For Sale -

910 Cold Spring Rd, Williamstown, MA, 01267