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Waterfront Hotel for sale in the Hamptons NY


Waterfront Hotel for sale in the Hamptons NY

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Catalog #155077

Catagory: Business Opportunities / Investments  -- Real Estate / Property
Dragon's Price: CONTACT US
Date Added: January 04, 2023 02:44
Page Views: 444

Waterfront Hotel for sale in the Hamptons NY



SELLER WILL FINANCE IT WITH VERY ATTRACTIVE RATES



$9,950,000 but she will offer sellers financing very attractive so a deal can be made....make an offer see what we can do....????



I wanted to send you the information for our new hotel waterfront listing at the Hampton Bays. She just did $382,507 in revenue for 2021.



The owner said she most definitely could have done substantial more volume. Covid affected her business with losing employees etc and having to run it all herself. She didnt do much marketing and with the strong rental demand you can most definitely triple these numbers if your client can capitalize. Also, note she put a lot of expenses, write offs on the breakdown provided.



They also did not rent out the main residence that featured modern kitchen, 3 bedrooms, 3 bath with a private terrace which I believe would fetch 110k+. It’s currently used predominantly in the summer , early spring and early fall. It could be run year round but no heating system in place.



This property is zoned as a resort waterfront business , and offers 15 units , a main 3-bedroom house, 6 dock slips and a waterside pool. The hotel with the main house has a total of 22 beds. This is a shy one-acre property. The Town of Southampton said the zoning here is grandfathered in. The owners renovated all the units throughout, new bathrooms, splash bars, kitchen etc.



I have a vision for a modern ultra-luxury boutique hotel given its waterfront location and short distance to Dune Road Ocean Beaches. There is a clear need to revitalize the curb appeal giving it that sleek, wow factor. With this new look, this could be the go-to hotel , a trendy place for people from NYC and beyond.



The property can offer guests boating, jet skiing, kayaking , paddle boarding, food, drinks etc



Please let me know if you have any additional questions.



Owner is motivated. I can text you the video tour too and can show, preview anytime.

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