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32725416
32725384

150 Bay View Drive, Jamestown, RI 02835

JS
475.204934
Hilco Global
Hilco Global
Listed by Hilco Global
Unpriced
17 days on market
Updated 17 days ago

Formerly Club Wyndham Newport Overlook

Details
Property Type Multifamily, Hospitality
Square Footage 22,800
Keys 19
Class B
Year Built 1981
Acreage 4.000
Zoning R-40
Investment Type Redevelopment

Offered Fee Simple, Free of Brand & Management Agreements

Marketing description

Following coordination with individual homeowners’ associations, this asset, formerly operated as Club Wyndham Newport Overlook, will be offered for sale through Hilco Global.

Located in Jamestown, Rhode Island, on Bay View Drive, this property is comprised of 19 two-bedroom residences, averaging 1,200± SF each and a total of 22,800± SF of NRA on 4.08± AC. The units are characterized by spacious floor plans, private entries and panoramic water views providing opportunities for conversion into a luxury condominium or vacation rental community. Approximately two miles from the Claiborne Pell Bridge and downtown Newport, the property benefits from access to one of New England’s strongest tourism and second-home markets, offering flexibility for investors evaluating multiple exit strategies, including condominium conversion, market rent housing or short-term rental operations.

Offers are due by July 22. On-site inspections will be held on June 4, 18 & July 9, by appointment only.

Hilco Global is accepting offers of Newport Overlook in its entirety. Concurrently, SERHANT has been engaged to market individual condominium units within the property.

Prospective buyers interested in acquiring individual units should contact Hillary Olinger at (401) 225-1705 and [email protected], or Dominique Frazier at (781) 330-1122 and [email protected].

Subject to approval by U.S. Bankruptcy Court District of Rhode Island Case No. 25-11000 (JAD) In re: Newport Overlook Association, Inc.

Investment highlights

  • Delivered fee simple and free of Club Wyndham affiliation or management
  • Three buildings with 19 two-bedroom units across 4.08± acres
  • Each unit includes one garage, spacious floor plans & panoramic water views Ideal for condominium sell-out or short-term rental redevelopment

Listing Contacts

JS
475.204934
Hilco Global
Hilco Global
Listed by Hilco Global

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