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31292291
31292292

19 Winnapaug Road, Westerly, RI 02891 For Sale

Bhhs New England Properties
Listed by Bhhs New England Properties
$2,395,000
113 days on market
Updated 51 days ago

19 Winnapaug Road

Details
APN 19WINNAPAUGRDWEST
Property Type Hospitality
Sub Type Hotel, Motel (+1)
NOI $179,000
Year Built 1965
Buildings 1
Lot Size (SqFt) 16,553
Zoning scg
Parking Spaces 20 spaces

Hospitality

Marketing description

Sea Shell Motel – Prime Misquamicut Beach Investment OPEN AND CURRENTLY OPERATING HOTEL Offered at $2,395,000 Steps from the Atlantic surf in Rhode Island’s most popular beach community, the Sea Shell Motel is a profitable, turnkey hospitality business with on-site living quarters. Property Overview 10 Guest Rooms – Clean, comfortable, and identically furnished for efficiency. Each feature two double beds, mini fridge, microwave, dresser, mirrors, showers, and seasonal A/C. Owner/Manager’s Quarters – Private attached apartment with queen bedroom, kitchen, bath, office space, and laundry. Amenities – Granite bath counters, newly paved lot (2023), fountain, hot tub, small dock with 4 kayaks, grills, picnic tables, outdoor shower, Keurig coffee. Operations – Security cameras, remote keypads, custom-built online reservation system. Financial Performance 2024 Gross Income: $213,000 Annual Fixed Expenses: $34,073 Location Advantage In the heart of Misquamicut, within walking distance to the State Beach, Atlantic Beach Park, and the seasonal entertainment district, with direct Winnapaug Pond access. Investment Highlights Turnkey, proven income, repeat clientele, and the rare opportunity to live and work steps from the beach.
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Bhhs New England Properties
Listed by Bhhs New England Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$179,000.00
$14,916.67/mo

Valuation Metrics

0
DSCR
7.47%
Cap Rate
7.47%
ROI

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