Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transaction of the 1896 House Inn and Country Lodgings in Williamstown, Massachusetts which closed on August 29, 2014 for $2,500,000.
Located at 811, 866, and 910 Cold Spring Road in Williamstown, the 1896 House Inn and Country Lodgings is made up of several buildings including the House Brookside and Pondside Motels, Barnside Luxury Suites, and ‘6 House Pub. The two motels provide 30 beautifully designed and immaculately maintained guestrooms with a large owner’s home and outdoor pool that are located along Hemlock Brook and a serene duck pond.
The two motels are adjacent to the Barnside Luxury Suites and ‘6 House Pub. The Barnside Luxury Suites offers six large and beautifully decorated living and sleeping suites. The ‘6 House Pub is a successful restaurant with an early American décor that offers seating for 200 indoors and 44 additional seats on the outdoor terrace in the warmer months. Williamstown is a quaint college town located in the sought-after Berkshires of Northwestern Massachusetts.
The transactions were negotiated between the seller, Themara Ventures Inc. and Richmore Inc., and the buyer, HEA Enterprises, LLC and Michael and Carrie Oring, by Earle Wason.
“We are very pleased by the negotiations of the 1896 House Inn and Country Lodgings in Williamstown, Massachusetts,” states Earle Wason, President of Wason Associates. “The 1896 House Country Motels is one of the best owner/operator properties we have seen in a long time, and the ‘6 House Pub & Inn is a wonderful restaurant and bed and breakfast in the scenic Berkshires. We are thrilled that Wason Associates continues to facilitate the successful transfers of hospitality properties during these recovering economic times.”
About Wason Associates
Wason Associates Hospitality Real Estate Brokerage Group is a highly-respected New England-based brokerage firm comprised of professionals who bring a unique combination of financial, banking, and real estate expertise to each transaction. President Earle Wason, CCIM has over 30 years of experience in the hospitality real estate market. Offering advisory services to both buyers and sellers, Wason Associates provides a strategic, client-centric approach to problem-solving, financial advising, and transaction execution. For more information on Wason Associates, visit hospitalityrealestate.com.