1237 Ma-28 Yarmouth, MA 02664

This exceptional 19-key boutique hotel, The Escape Inn, is situated on a high-traffic Route 28 in Yarmouth, MA, offering a compelling investment opportunity in Cape Cod's thriving tourism market. Built in 1965 and extensively renovated in 2022, the property boasts a strong financial performance, achieving $540,000 in gross sales (after Rooms Tax) in 2023 operating only six months of the year. The hotel features a mix of room types including junior suites with two queen beds and seating areas, king rooms, and queen rooms, all equipped with private bathrooms, refrigerators, TVs, heat pump/AC units, and coffee makers. Amenities include a swimming pool, landscaped grounds, a lobby/breakfast area, and a dedicated owner's apartment. The asking price is $2,280,000, representing a $120,000 price per key and a 13.93% cap rate with a NOI of $317,714. The 55,000 sq ft lot includes a 18,000 sq ft residentially zoned plot offering development potential. An additional cottage, generating approximately $40,000 per season (included in the gross income), is available for an additional $420,000. With 1.4 parking spaces per key, this turnkey property presents a rare chance to capitalize on Cape Cod's hospitality sector. The property is offered as a 1031 exchange opportunity.