Beschreibung

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer, on an exclusive basis, the fee simple interest in the Seaglass Inn (the “Hotel” or “Property”), a well-maintained coastal resort in Provincetown, Massachusetts with 57 licensed rooms. The Offering represents a rare opportunity to acquire an irreplaceable resort asset with in-place cash flow and upside, offered unencumbered by both brand and management.

Located at the tip of Cape Cod, the Property is strategically positioned on an elevated hillside in Provincetown’s West End, offering sunset views, a secluded resort setting, and walkable access to the town’s primary demand generators. Guests are within a short walk from Commercial Street’s dining, nightlife, historic art galleries, and entertainment venues, while also enjoying convenient access to Provincetown’s renowned beaches, whale watching, and cultural events. The Property benefits from Provincetown’s supply-constrained market, where roughly 70% of land is protected by Cape Cod National Seashore, limiting future lodging supply and enhancing the long-term competitive positioning of the Property.

The Property features four lodging buildings, an outdoor swimming pool, and outdoor event space, offering a variety of resort-style amenities across more than four acres of land. With strong in-place operations and well-maintained infrastructure, the asset provides immediate cash flow while preserving future flexibility. The Offering includes an excess land parcel of approximately 1 acre for potential development, providing a buyer with a rare opportunity to create additional value in one of Cape Cod’s most land-constrained markets.

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