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The Berkshires Boutique Resort Redevelopment 864 S Undermountain Rd 29 Room Hotel Sheffield, MA 01257 For Sale
INVESTMENT HIGHLIGHTS
- Value-add Development Potential, Repositioning and Expansion Opportunities
- Irreplaceable Southern Berkshires Location
- Exceptional Destination & Opportunity to Expand Group Business through Weddings, Corporate & Higher Education Retreats, Family Reunions & Other Events
- Completely Unencumbered of Brand and Management
- Extensive Guest Amenities
EXECUTIVE SUMMARY
CBRE Hotels, as the exclusive advisor, is pleased to present the opportunity to acquire the 29-room Race Brook Lodge, Stagecoach Tavern, Event Barn, (“Hotel” or “Property”) and 90 acres of adjacent land, in Sheffield, MA in the heart of the Southern Berkshires region (15 minutes south of Great Barrington) and immediately adjacent to the Appalachian Trail. A cultural landmark and a gateway to the Berkshires lifestyle, this rare rustic resort presents an opportunistic investor with the opportunity to take advantage of the expansive outdoors to redevelop the inn and generous adjacent land parcels or to add value to the existing operation by performing a comprehensive renovation and repositioning to more upscale finishes. The Property includes several distinctive, historic and versatile structures on 4.7 acres, with pre-existing non-conforming commercial use designation in an otherwise-residentially zoned area. Execute a CBRE CA here for data room access: https://www.cbredealflow.com/buyer/agreement?pv=k6MbbD7l1XCrAnr65AVrVdBQ3AQxnvnp09aoEDgk0U2djaTVjkxAj_-_rnIGwNjJ
PROPERTY FACTS
| Sale Type | Investment | Building Size | 13,178 SF |
| Sale Condition | Redevelopment Project | No. Rooms | 29 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1990 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 4.90 AC | Corridor | Interior |
| Zoning | R1 - Commercial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.90 AC |
| Building Size | 13,178 SF |
| No. Rooms | 29 |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.24/1,000 SF |
| Corridor | Interior |
| Zoning | R1 - Commercial |
AMENITIES
- Pool
- Restaurant
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 29 | $189.85 CAD | - |
PROPERTY TAXES
| Parcel Number | SHEF-000130-000002-000067 | Improvements Assessment | $1,437,857 CAD |
| Land Assessment | $249,318 CAD | Total Assessment | $1,687,175 CAD |
PROPERTY TAXES
Parcel Number
SHEF-000130-000002-000067
Land Assessment
$249,318 CAD
Improvements Assessment
$1,437,857 CAD
Total Assessment
$1,687,175 CAD
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The Berkshires Boutique Resort Redevelopment | 864 S Undermountain Rd
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