Surfside Motel

Hospitality for Sale
Sale Pending/Contingent
Catylist Listing ID: 30296222
Property Subtypes: Motel
Status: Pending/Contingent
Number of Units: 15 Units
Building Size (RSF): 6,364 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $849,900
Unit Price: $56,660 Per Unit
Property Use Type: Business
Building Name: Surfside Motel
Name of Establishment: Surfside Motel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2018

Overview / Comments

15 Unit Motel located within 2 miles of Charlestown Beach and Block Island Sound. This business has grown from $0 to $250,000 in over 15 years.

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Casino
Property Located Between: Watch Hill & Narragansett
Property Visibility: Excellent
Largest Nearby Street: Route 1
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1940
Total Parking Spaces: 40
Lot Frontage: 100 feet

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,310 13,417
Median Age: 47.26 47.98
Households: 3,062 5,588


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