1547 Main Street

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1547 Main Street

Chatham, MA 02633
Asking Price
$2.35M
Asset Type
Hotel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality property listed for sale in Chatham, Massachusetts
  • Asset is located at 1547 Main Street within 02633
  • Offered for purchase at an asking price of $2,350,000
  • Well-positioned for operations within the Cape Cod tourism market
  • Site supports diverse hospitality and boutique lodging business models

What's Special

This hospitality asset is available for sale at 1547 Main Street in Chatham, Massachusetts. The property is well-suited for an investor or operator looking to establish a presence within the Cape Cod region, a popular destination known for its tourism-driven economy and coastal appeal. Given its location in 02633, the hotel provides proximity to the seasonal influx of visitors that characterizes this submarket, making it a viable candidate for hospitality management or boutique lodging operations. Investors seeking to capitalize on the historical strength of the Chatham tourism sector will find this location strategically positioned for guest accessibility. The building structure and site layout support varied hospitality use cases, ranging from traditional hotel operations to short-term stay models. Buyers evaluating the acquisition should consider the consistent demand for lodging services in this prominent seaside community throughout the peak travel months.

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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214

Location & Travel Times