741 Ocean Blvd - Hospitality FOR SALE


Rye, NH 03870
$4,950,000 USD
603-766-4982
741 Ocean Blvd, Rye, NH for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/8
null | 11.82% Cap Rate

741 Ocean Blvd
Rye, NH 03870


HIGHLIGHTS

  • Newly renovated and completely modernized for today's traveler

OVERVIEW

Offering 12 studio and 1-bedroom units over two structures, these apartment-style rooms provide the flexibility for longer stays as each has its own full kitchen and bathroom.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$676 USD /SF

# OF ROOMS

12

PRICE/ROOM

$412,500 {currency}

CAP RATE

11.82%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rye Motor Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

BUS

APN/PARCEL ID

RYEE-000231-000000-000028

ASK ABOUT THIS PROPERTY

Earle WasonWason AssociatesMore Info
603-766-4982

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Earle WasonWason AssociatesMore Info
603-766-4982

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