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393 Route 28Dennis, MA 02639Sale Price: $3,000,000

  • Sale Price: $3,000,000
  • 216 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
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  • $2,995,000List Price
  • 1.27Acreage
  • 10,727Square Feet
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Listed by Walter Zenkin of The Zenkin Realty Group,LLC

Listing Sold by The Zenkin Realty Group, LLC
This is a great opportunity to buy this 27 unit motel zoned mixed use in a great location with a NOI of $387K 12% CAP Rate. Just minutes away from the beach and activities and situated in the heart of Cape Cod. Opened in 1957 with 26 one bedroom units, conveniently located on the ground floor with easy access plus a separate 3 bedroom unit on the second floor above the office/sweet. All units are non smoking and contain one or two beds with a sleek modern decor, with a king or 2 queen beds. Seller is willing to do a lease back. A portion of Seller Financing may also be available.

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This site was last updated June 22, 2024 11:51 PM EDT. All properties are subject to prior sale, changes, or withdrawal.

SeasCape Realty, Inc. has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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