Beach Inn 14 Park St
14 Room Hostel New London, CT 06320 $790,000 ($56,429/Room)
EXECUTIVE SUMMARY
Previous 14 room Rooming House 2 kitchens 3 Full baths - 2 additional One bedroom apartments - Two minute walk to Ocean Beach Total three units. Many Potential Uses Airbnb , visiting nurses, Rooming house , INN , Hotel - Bring your ideas
PROPERTY FACTS
| Price | $790,000 |
| Price Per Room | $56,429 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hostel |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,584 SF |
| No. Rooms | 14 |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2000 |
| Parking Ratio | 0.15/1,000 SF |
| Corridor | Interior |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 14 | $45.00 | - |
PROPERTY TAXES
| Parcel Number | NLON-000002-000006-000004 | Improvements Assessment | $415,300 |
| Land Assessment | $224,000 | Total Assessment | $639,300 |
ZONING
| Zoning Code | Hotel/Boarding Houses (INNS MDL -94 R-1A) |
