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The Lighthouse Inn and Suites 20 Nubble Rd 31 Room Hotel York Beach, ME 03910 $5,125,000 ($165,323/Room)
INVESTMENT HIGHLIGHTS
- 24 Guest rooms in the Main Inn
- Owners/Managers Apartment Above Lobby in Carriage House
- In-Ground Outdoor Gunite Pool and Whirlpool Spa
- Seven Guest rooms in the Carriage House
- On-site employee housing for four employees
- 183 feet of frontage along the prominent Nubble Road
EXECUTIVE SUMMARY
Recent Renovations have modernized the facilities while preserving the inn's historical essence, increasing its marketability and guest satisfaction?
Group and Event Bookings: Well-suited for hosting events such as weddings, family reunions, and retreats
High Occupancy Rates: Attractive location and amenities contribute to strong occupancy rates
Less than 100 yards to the beach
Less than ten-minute drive to the village center, amusement park, arcade, retail shops, and restaurant
Group and Event Bookings: Well-suited for hosting events such as weddings, family reunions, and retreats
High Occupancy Rates: Attractive location and amenities contribute to strong occupancy rates
Less than 100 yards to the beach
Less than ten-minute drive to the village center, amusement park, arcade, retail shops, and restaurant
PROPERTY FACTS Under Contract
| Price | $5,125,000 | Building Size | 22,604 SF |
| Price Per Room | $165,323 | No. Rooms | 31 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1981/1987 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.02 AC | ||
| Zoning | R5 | ||
| Price | $5,125,000 |
| Price Per Room | $165,323 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 22,604 SF |
| No. Rooms | 31 |
| No. Stories | 2 |
| Year Built/Renovated | 1981/1987 |
| Tenancy | Single |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Interior |
| Zoning | R5 |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 20 NUBBLE RD , YORK BEACH, ME 03910
The Lighthouse Inn & Suites is a well-established upscale seaside Inn offering varied accommodations, guest rooms, and suites. The property offers guest amenities, including a beautiful inground heated pool, a Whirlpool Spa, a patio, and mature gardens. The property features a total of 31 guest accommodations, including 24 guest rooms in the main Inn and an additional 7 rooms in the Carriage House, plus an apartment above the lobby, which serves as an owner's residence or for an on-site manager.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $195.00 | - |
| Guest Room | 27 | $135.00 | - |
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PROPERTY TAXES
| Parcel Number | YORK-000027-000000-000084 | Improvements Assessment | $1,994,100 |
| Land Assessment | $2,072,700 | Total Assessment | $4,066,800 |
PROPERTY TAXES
Parcel Number
YORK-000027-000000-000084
Land Assessment
$2,072,700
Improvements Assessment
$1,994,100
Total Assessment
$4,066,800
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The Lighthouse Inn and Suites | 20 Nubble Rd
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