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201-207 South St
Boston, MA 02111
The Lost Brahmin · Hospitality Property For Sale
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118 Rooms
Investment Highlights
- SHOVEL-READY DEVELOPMENT OPPORTUNITY Fully permitted for hotel conversion with no entitlement risk
- POTENTIAL FOR HISTORIC TAX CREDITS Applications are in process for federal and state credits worth up to 35% of qualified development costs
- FIRST HOTEL IN THE LEATHER DISTRICT Prime location in a rapidly emerging neighborhood within the high barrier-to-entry Downtown Boston market
- INVALUABLE URBAN LOCATION Steps from diverse demand drivers, including the South Station transit hub plus tourist attractions and employment hubs
- BOSTON HOTEL MARKET STRENGTH Boston is one of the highest-performing and most resilient hotel markets in the United States, currently ranked third
- REPOSITIONING OF AN EXISTING ASSET Adaptive reuse of a well-maintained brick-and-beam structure minimizes construction risk compared to ground-up
Property Facts
| Property Type | Hospitality | Building Size | 82,290 SF |
| Property Subtype | Hotel | No. Rooms | 118 |
| Building Class | B | No. Stories | 6 |
| Lot Size | 0.27 AC | Year Built | 2027 |
| Construction Status | Under Construction | Corridor | Interior |
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.27 AC |
| Construction Status | Under Construction |
| Building Size | 82,290 SF |
| No. Rooms | 118 |
| No. Stories | 6 |
| Year Built | 2027 |
| Corridor | Interior |
| Zoning | C |
Amenities
- Restaurant
- High Speed Internet Access
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $289.00 | - |
| Guest Room | 116 | $226.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $9,425,500 | |
| Land Assessment | $5,998,200 | Total Assessment | $15,423,700 |
Property Taxes
Parcel Numbers
Land Assessment
$5,998,200
Improvements Assessment
$9,425,500
Total Assessment
$15,423,700
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