For Sale
$235,000

27 Is Inn Rd Oak Bluffs, MA 02557

51-Unit Island Inn Condo

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 51-unit condotel, located at 27 Island Inn Road in Oak Bluffs, Massachusetts, presents a unique investment opportunity. The property, built in 1979, boasts a total of 329 square feet across one building situated on a spacious 217,800 square foot lot. The asking price is $235,000. This multifamily property operates seasonally, from April to October, and includes a ground-level studio unit fully furnished and equipped with patio access. The Island Inn offers an array of resort-style amenities, including a pool, tennis court, charcoal grills, fire pits, a playground, and an event hall. Its convenient location provides easy access to State Beach and the town of Oak Bluffs. On-site management handles bookings, cleaning, and routine maintenance, ensuring a hassle-free ownership experience. The property's popularity and established management structure contribute to its strong income potential. Note that showings inside the unit are scheduled only between tenants. This is an ideal opportunity for investors seeking a turnkey, income-generating property in a desirable vacation destination.

Highlights

  • Ground-level studio condo at the Island Inn, a condotel with strong income potential.
  • Fully furnished and equipped studio with private patio.
  • Professional on-site management by Vacasa handles bookings, cleaning, and maintenance.
  • Resort amenities include a pool, tennis court, grills, playground, and event hall.
  • Conveniently located near State Beach and downtown Oak Bluffs.
  • Seasonal operation (April-October).

Property Details for 27 Is Inn Rd

Property type
Hospitality properties, Hotels
Square Feet
329 SF
Year Built
1979
Buildings
1
Units
51

Location Insight

City
Oak Bluffs
County
Dukes
State
Massachusetts
Latitude
41.4570063
Longitude
-70.5517789

FAQs

What type of property is this?
Hospitality property - 51-Unit Island Inn Condo
Where is the hospitality property located?
The property is located at 27 Is Inn Rd Oak Bluffs, MA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Ground-level studio condo at the Island Inn, a condotel with strong income potential.; Fully furnished and equipped studio with private patio.; Professional on-site management by Vacasa handles bookings, cleaning, and maintenance.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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27 Is Inn Rd
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