The Lightkeeper's Inn 25 Simpsons Ln 6 Room Hotel Edgartown, MA 02539 $3,495,000 ($582,500/Room)
EXECUTIVE SUMMARY
Prime Investment Opportunity to own a piece of Edgartown History
Well Established Historic Inn Located in the Heart of Edgartown
Five 1 Bedroom Suites w/Separate Entry & 1 Bedroom Cottage on .20± Acres
Main Two Level Main Building Total 2,388± SF & 768± SF Cottage -3,156± SF Combined Total
Each Suite has Living/Dining Area/Kitchen/Bedroom and Bath
Main Building has Shared Outdoor Area for BBQ and Gathering
Cottage has Private Deck and Yard
Washer & Dryer Facilities
Town Water & Sewer
Onsite Parking
Minutes from Edgartown Lighthouse, North Water Street Shops and Restaurants
Well Established Historic Inn Located in the Heart of Edgartown
Five 1 Bedroom Suites w/Separate Entry & 1 Bedroom Cottage on .20± Acres
Main Two Level Main Building Total 2,388± SF & 768± SF Cottage -3,156± SF Combined Total
Each Suite has Living/Dining Area/Kitchen/Bedroom and Bath
Main Building has Shared Outdoor Area for BBQ and Gathering
Cottage has Private Deck and Yard
Washer & Dryer Facilities
Town Water & Sewer
Onsite Parking
Minutes from Edgartown Lighthouse, North Water Street Shops and Restaurants
PROPERTY FACTS Under Contract
| Price | $3,495,000 |
| Price Per Room | $582,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 3,156 SF |
| No. Rooms | 6 |
| No. Stories | 2 |
| Year Built/Renovated | 1945/2011 |
| Parking Ratio | 1.9/1,000 SF |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $724.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | EDGA-000020D-000224-000002 | Improvements Assessment | $828,500 |
| Land Assessment | $1,852,300 | Total Assessment | $2,680,800 |
