Holiday Inn Cape Cod, MA

Listing Agents

Sean Banilivy
T | 516.456.7525
sbanilivy@paramountlodging.com

Brent Clemens
T | 312.402.2959
bclemens@paramountlodging.com

Detailed Information
Property Highlights

UNDER CONTRACT

  • Fee-simple interest in the lender-involved, 103-room Holiday Inn Cape Cod Falmouth, MA
  • Property offered for sale in the May 11th auction event with Ten-X
  • Opportune time for investors to capitalize on the unprecedented strength in the drive-to leisure segment
  • Property offered at a heavy discount to replacement cost in the very high barrier to entry coastal Cape-Cod market
  • Available unencumbered of debt and management with ability to retain the Holiday Inn flag via a long-term relicense agreement through IHG Hotels & Resorts
  • Strong operational upside for regional investors in completing the PIP, reactivate the food and beverage and leveraging regional operating economies of scale
  • The Subject is the only full-service IHG branded hotel within Falmouth – presenting a unique opportunity for a prospective owner to further reposition the asset amongst group, corporate, leisure and government demand
  • Easily accessible to the region’s popular beaches and leisure demand including Old Silver Beach, Coonamessett Farm, Cape Cod Winery, Woods Hole Science Aquarium, and the Cape Cod National Seashore which welcomed 4.1 million visitors in 2020
  • Proximate to Falmouth’s year-round commercial and government demand including the Cape Cod Joint Base, Woods Hole Oceanographic Institute, Marine Biological Laboratorie, and the Woodwell Climate Research Center
  • Falmouth functions as a strategic base for exploration of the broader region; home to The Wood Hole, Martha’s Vineyard and Nantucket Steamship Authority which offers daily ferry services to Nantucket and Martha’s Vineyard, servicing over 3 million passengers annually
  • Cape Cod is a popular US and International tourist destination and a favored summer destination for residents of the Northeast. During the summer, the region’s population swells from approximately 200,000 residents to more than 500,000
Location