(Portsmouth, NH l March 19, 2015) – Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful sale of The Shire Riverview in Woodstock, Vermont which closed on February 10, 2015.
The Shire Riverview is a one-of-a-kind property in a one-of-a-kind town. Located in the heart of the Village of Woodstock, VT, The Shire Riverview is a true New England gem. On the banks of the Ottauquechee River, the property is comprised of 43 guest rooms tastefully decorated in the unique New England tradition.
The main building offers quintessential Vermont charm with its wraparound porch and veranda, where visitors can enjoy views of the river and surrounding mountains. While the property offers the peace of a relaxing retreat, it is also within walking distance of many local attractions. The town green, Marsh-Billings-Rockefeller National Park, and many hiking trails are only steps away.
After 30 years of ownership, Dorothy and Vincent Di Carlo made the decision to sell The Shire Riverview, giving buyers Saltaire Properties, Inc. a rare opportunity in Woodstock where the hotel market is extremely limited. Management and day-to-day operations of the property will be handled by Migis Hotel Group.
Joe Cardillo and Peter Annon of Wason Associates Hospitality Real Estate Brokerage Group worked with the sellers and buyers to negotiate the transfer of this property.
“The market potential of this property is huge, and I am pleased that we could structure its successful transfer,” says Earle Wason, the President of Wason Associates. “The Shire Riverview is ideally located for visitors looking for the charm of a New England village, as well as the nature-lover looking to explore the Vermont landscape. At Wason Associates, we are proud of transactions such as these that clearly benefit both parties.
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.