20 W Housatonic St
Pittsfield, MA 01201
Central Downtown Inn & Suites · Hospitality Property For Sale · 26,120 SF

The Yankee Suites Extended Stay is located in a Federal Opportunity Zone which presents significant tax advantages for a new Buyer. This beautiful property was originally built for residential use and could be converted back if a buyer wished to do so. The hotel is easily managed with minimal staff due to it's high occupancy and low turnover of guest-suites. It can be managed remotely or by an Owner -Operator and has tremendous potential to increase both the rate and occupancy with increased sales and marketing efforts and yield management. The current Ownership group has continued to pour money into the property with design upgrades and capital expenditure including a recent $50,000 upgrade to the parking lot. This is an exceptional opportunity to enter the extended stay market in the center of Pittsfield - the commercial hub of the Berkshires, and minutes to one of the premier vacation spots in the Northeast. Check out the DroneBase Video Link: https://clients.dronebase.com/m/964acc459aa5b42c6951f35d2f785314