Latest Offered Property

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The Berkshire Hills Country Inn

Offered at $815,000

Reduced to $785,000

The Berkshire Hills Country Inn is a wonderful owner-operator opportunity in the beautiful Massachusetts Berkshires. Located in the quaint town of Williamstown Massachusetts, this property affords easy access to Williams College, The Clark Museum, Jiminey Peak Ski Resort and many other great area attractions. Yet, the Berkshire Hills Country Inn enjoys a wonderful country setting surrounded by a mountain stream with waterfalls and a sparkling brook. The properties excellent condition, and financials that justify the value make this a great purchase opportunity.

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Latest Sold Property

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Concord’s Colonial Inn and Restaurant

Sold on 08/06/2015

Portsmouth, NH – Wason Associates Hospitality Real Estate Brokerage Group (Wason Associates) is pleased to announce the successful multi-million dollar transaction of The Colonial Inn located in Concord, Massachusetts, which closed on August 6, 2015.
The historic property, which was built nearly 300 years ago, is known as Greater Boston’s classic American Inn. Located at the northwest end of Monument Square and just 19 miles from Boston, the revolutionary-era property consists of several guest accommodations, including the Main Inn, Prescott House, The Cottage, Rebecca’s Guesthouse, and 18 Lowell Road home. These accommodations offer a total of 46 guestrooms, 10 suites, as well as one five-bedroom home for extended stays.
The hotel is a one-of-a-kind destination that combines distinguished history with modern day services for a unique and memorable experience. The Inn also boasts two of the area’s premier dining establishments, the Liberty and Merchants Row, making The Colonial Inn a perfect place for weddings, events, or other special occasions.
Wason Associates negotiated the transaction between Jürgen Demisch, owner of the Inn for 27 years, and Michael and Dorothy Harrington, owners of other historic properties including the Hawthorne Hotel in Salem and the Publick House Historic Inn in Sturbridge.
“The Colonial Inn has a very rich history, and we are pleased to have been able to ensure its successful transfer to new owners who intend to preserve the integrity of its past,” states Earle Wason CCIM, President of Wason Associates. “Concord’s Colonial Inn has and will continue to capture the attention of guests seeking that special, traditional American experience.”

The Latest

Mid-Year Review

Posted on July 27th, 2015 by Earle Wason

Mid-Year Review and exciting summer market update; market improvements in hospitality transactions continue, Hotel, motels and resort Inns are benefiting from a very busy summer vacation season and 2015 will be one of the best years the industry has seen for a long time. There has been continued improvement in the hospitality market and as […]

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About

Our team welcomes you to the Wason Associates Hospitality Real Estate Brokerage Group web site. Here you will find relevant and up to date information on the market, review current transactions, learn about our services and most importantly review hotels offered for sale.

Contact

Wason Associates
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Phone: 603.766.4982
www.hospitalityrealestate.com
info@hospitalityrealestate.com