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141 Beach Rd
Salisbury, MA 01952
The Salisbury Inn & Motel · Hospitality Property For Sale · 30 Rooms
PROPERTY FACTS
About 141 Beach Rd , Salisbury, MA 01952
This is a great opportunity for an owner operator or a savvy investor. The cap rate of 10.3 has been determined using a mortgage payment based upon a 70% loan to value ratio. The property consists of 19 buildings on the 3.9 acre site. There are 31 motel units, one owner apartment, one wood frame cottage, 14 mobile homes, 1 mobile home is owned by the tenant who rents the land it sits on and there are two recreational vehicles that rent the land only. The current owner has owned and operated the property for over 42 years and he has decided to retire and pass this profitable business on to the next owner. Call Doug Danzey for more information 617-823-4445
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PROPERTY TAXES
Parcel Number | SALI-000025-000000-000025 | Improvements Assessment | $1,231,600 |
Land Assessment | $700,200 | Total Assessment | $1,931,800 |
PROPERTY TAXES
zoning
Zoning Code | 1 |
1 |
Learn More About Investing in Hospitality Properties
Listing ID: 13637140
Date on Market: 8/30/2018
Last Updated:
Address: 141 Beach Rd, Salisbury, MA 01952