Chatham Gables Inn

Chatham, Massachusetts
www.chathamgablesinn.com

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Property Type
Bed & Breakfast / Inn
Guest Rooms
8
Baths
9
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,899,000

Occupancy Rate
NA%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
5

Property Overview

Live your dream in the Cape Cod seaside village of Chatham. Chatham Gables Inn is an established, financially successful Inn located in a beautifully restored historic Chatham mansion that has been updated with eight lovely king and queen en suite guest rooms with all the amenities a guest could ask for.


Property Description

Chatham Gables Inn is a beautiful example of a historic 1839 sea captains home re-imagined to save the beautiful architectural details while adding all the modern systems and amenities a discriminating traveler might want. The Inn is 4,279 sq. ft. of sunny spacious gathering, dining and relaxation. Eight king and queen guest rooms and suites are beautifully appointed with fireplaces, luxurious bedding and seating in lovely sun lit spaces. The private en suite guest baths have been recently updated with marble, tile and elegant fixtures. The property is shaded and landscaped with mature trees and plantings. Ample guest parking is provided off the Inns entry drive. The detached three-car garage has been approved for expansion and use as living space. Approved plans are included with the sale.


Business Description

The Chatham Gables has been an inn for over 40 years and has a loyal guest following, well trained staff and solid online and social media marketing. Your guests are a short stroll from Chatham’s Main Street known for it’s shops, galleries, fun and fine dining. The Inn's business thrives thanks to Chatham’s international reputation as a world class resort destination with history, art, culture and so much more. Stunning white sand beaches offer guests a true seaside experience. Local golf courses are at your guests disposal. Chatham’s harbor is the home of a picturesque commercial fishing fleet bringing home the freshest seafood for guests to enjoy. Financials are available with non disclosure for qualified buyers.


Reason for Selling

Owners retiring.


Terms & Asking Price

Turnkey sale including real estate, furnishings, fixtures and equipment, business/domain name, guest list and advanced reservations.