Ashley Manor
SOLD

Barnstable, Massachusetts
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USD $1,339,000
Asking Price
6
Guest Rooms
7
Baths

Property Overview

c1699 Victorian, Greek Revival situated on two acres in the heart of the historic district of a quintessential Cape Cod Village. The property includes tennis courts, pickle ball court, large terrace for dining or relaxing and off-street guest parking. Each luxurious guest accommodation features its own sitting area, in-room fireplace, private bath and separate 2-person Jetted tub. On Historic Rt. 6A, this central Cape location makes all the Cape activities and sites just minutes away.


Property Description

No Restaurant
No Owners Quarters

6 guest rooms, 4 suites with King or Queen bed, wood-burning fireplace, in room bath and separate 2-person jetted tub. 2 traditional rooms, one with fireplace and private terrace. All rooms have WiFi, TV, coffee/tea maker and robes. The living room and library are spaces guests can relax, enjoy a cordial, read a book or visit with other guest. There is a designated parking space for each room and a separate owners' cottage on the property. Architectural plans available to add 2 suites.


Business Summary

34%
Occupancy Rate
$34,000
Revenue Per Room
$264
Average Daily Rate
$206,500
Gross Revenue
6 x
Gross Revenue Mulitplier

Favorable mid-Cape location on Historic 6A, affords guests easy access to nearby restaurants, white sand beaches, shopping, whale watch and island ferries. Cape Cod is a world wide destination attracting guests from around the world April - October. During the cooler months, the inn attracts more localized guests, pulling from nearby Boston (4,600,000) and New York City (20,300,000) both within an hour to three hour drive. Buyer agents welcome. Architectural plans available to add 2 suites.


Reason for Selling

Innkeepers retiring after 14 successful years. Buyer agents welcome.


Terms & Asking Price

Turnkey, real estate, contents, business, name, web and social media, guest list and history.