Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer, on an exclusive basis, the fee simple interest in the 59-room Block Island Beach House (the "Hotel" or "Property"), a beachfront resort campus located in New Shoreham, Rhode Island. The Property is offered unencumbered by both brand and management, representing a rare opportunity to acquire a fully renovated boutique resort in one of New England's most supply-constrained coastal markets.

Located in the historic Old Harbor district, the Hotel sits directly on Crescent Beach and is a short walk from the ferry docks, providing frictionless transit for guests arriving from major Northeast metropolitan areas. The Property's location makes it the only hotel on Block Island offering direct beachfront guest rooms, driving premium average daily rates and consistent seasonal demand.

A comprehensive renovation program completed from 2019 to 2024 modernized the campus and established a highly diversified lodging offering across four distinct properties, each targeting a unique guest profile:

The Surf (30 keys): The beachfront heart of the resort with restaurant and bar, offering historic charm and immediate beach access.
The Gables (16 keys): A tranquil, pool-centered setting well-suited for families and groups.
The Gables Guest House (4 keys): An exclusive enclave composed of spacious, suite-style rooms.
The Gothic (9 keys): A premium, modern boutique experience catering to couples.

This accommodation variety allows the resort to capture diverse guest demographics, with over 25% of the total room inventory configured as spacious, high-ADR suite-style units.

To support seamless seasonal operations, the acquisition includes an extensive onsite staff housing network with a 70+ bed capacity, anchored by a newly constructed 62-bed structure and several apartment-style units.

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