NewburyportNews.com, Newburyport, MA

Homes of the Week

May 30, 2014

Seaside investment opportunity and so much more

(Continued)

It has been the 10-year vision of the current owner to turn this into a top-notch, yet affordable, year-round accommodation, and he has certainly achieved that. There is still opportunity for the next owner to take the highly successful, turn-key business further with the growing number of large group bookings and other partnership opportunities.

Listed for $1,800,000, income and expense figures are available with confidentiality agreement for qualified buyers. For more information on this rare investment opportunity, or to schedule a private viewing, call Realtor Gretchen Parker at 978-394-4708.

AT A GLANCE

  • Boutique motel in historic downtown
  • 15 bedrooms with private baths
  • 3-bedroom guest house
  • 2-bedroom owner’s apartment
  • $1,800,000

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