261 Linnell Landing Rd - Apartments FOR SALE


Brewster, MA 02631
$3,750,000 USD
508-957-5500
261 Linnell Landing Rd, Brewster, MA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

261 Linnell Landing Rd
Brewster, MA 02631


OVERVIEW

Nestled on the pristine shandy shores of Cape Cod Bay, this exclusive six-unit investment property offers a rare opportunity to own a piece of paradise. Imagine owning a property where the breathtaking ocean views and private sandy beach are just steps away, and the potential for high returns with a strong cap rate is unmatched along this iconic coastline. Separate, fully furnished and equipped units range from a cozy studio to two-bedroom residences all overlooking the private beach. Each has gleaming wood floors, fully equipped kitchen, central air and gas heat. In addition, second floor units have balcony-decks overlooking the sandy beach below. First floor units have decks nestled into the dune with views of the ocean. This property has strong appeal for both short-term vacation rentals and long-term tenancies. Demand for rentals in this location are strong with an extended season. Units have separate deeds with all condo documents and association in place. Once you step foot on this property, it's hard to imagine wanting to leave. The combination of unbeatable location, luxury, and investment potential makes this a once-in-a-lifetime opportunity. Indeed, investment properties with direct oceanfront are seldom available. For more details, including, P&L or to schedule a private tour of this extraordinary Cape Cod Bay property, reach out today. All information should be verified by the buyer.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$891 USD /SF

# OF UNITS

6

PRICE/UNIT

$625,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,957 SF

ZONING

RESD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John CottonSotheby's International RealtyMore Info
508-957-5500

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John CottonSotheby's International RealtyMore Info
508-957-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.