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Hotel-Motel

Mystic Boutique Hotel

44 Williams Ave, Stonington, CT 06355

Listing Price: $2,995,000

Cap Rate
7.90%
Number of Rooms
4
RevPAR
$213
Gross SF
3,577
Price/Room
$748,750
Price/Gross SF
$837.29
Year Built
1940

Investment Overview

Marcus & Millichap as exclusive sales advisor is pleased to present this Boutique Hotel located at 44 Williams Ave, Mystic, Connecticut. Discover an exquisite opportunity in the heart of Mystic with this stunning opportunity at 44 Williams Ave. Boasting a three-story, 3,577 square foot building, this investment offers a turnkey short-term or extended stay operational business that promises both elegance and convenience.
44 Williams Ave, Mystic provides effortless accommodation managementwith processes tailored for on-line bookings, such as AIRbnb, VRBO, and others. Thekeyless entry system, provides a secure and contactless check-in and check-out process. Guests will appreciate the ease and safety of accessing the property without the need for physical keys. There is a State-of-the-Art Security Systemproviding peace of mind with remote access, allowing owners to keep an eye on the property from anywhere in the world.

Investment Highlights

  • Four Units –Three Bedroom Penthouse and Three Studios
  • Eleven On-Site Parking Spaces
  • Completely Gut Remodeled in 2023/2024
  • Energy Efficient; Rooftop Solar Panels
  • Zoned LS-5, Allows for Hotel/Motel Use
  • Fully Furnished Three-Bedroom Penthouse Suite
  • Within Minutes Walk to Area Attractions & Waterfront
  • Less than 20 Minute Drive to Foxwoods Casino & Mohegan Sun Casino

Exclusively Listed By

Hotel-Motel

Mystic Boutique Hotel

Listing Price: $2,995,000

Cap Rate
7.90%
Number of Rooms
4
RevPAR
$213
Gross SF
3,577
Price/Room
$748,750
Price/Gross SF
$837.29
Year Built
1940

Investment Highlights

  • Four Units –Three Bedroom Penthouse and Three Studios
  • Eleven On-Site Parking Spaces
  • Completely Gut Remodeled in 2023/2024
  • Energy Efficient; Rooftop Solar Panels
  • Zoned LS-5, Allows for Hotel/Motel Use
  • Fully Furnished Three-Bedroom Penthouse Suite
  • Within Minutes Walk to Area Attractions & Waterfront
  • Less than 20 Minute Drive to Foxwoods Casino & Mohegan Sun Casino

Investment Overview

Marcus & Millichap as exclusive sales advisor is pleased to present this Boutique Hotel located at 44 Williams Ave, Mystic, Connecticut. Discover an exquisite opportunity in the heart of Mystic with this stunning opportunity at 44 Williams Ave. Boasting a three-story, 3,577 square foot building, this investment offers a turnkey short-term or extended stay operational business that promises both elegance and convenience. 44 Williams Ave, Mystic provides effortless accommodation managementwith processes tailored for on-line bookings, such as AIRbnb, VRBO, and others. Thekeyless entry system, provides a secure and contactless check-in and check-out process. Guests will appreciate the ease and safety of accessing the property without the need for physical keys. There is a State-of-the-Art Security Systemproviding peace of mind with remote access, allowing owners to keep an eye on the property from anywhere in the world.

Exclusively Listed By

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