$3,500,000

Investment Opportunity

  • 12 Beds
  • 6 Baths
  • 4,962 Sqft
  • 13,504 Sqft lot
  • MLS#24175981

About the Property

Exceptional opportunity to acquire a thriving six-unit short-term rental portfolio in the heart of Mystic, Ct. Offered as three well-maintained buildings with six guest accommodations, this turnkey hospitality operation provides immediate income in one of New England’s most desirable coastal destinations. Located within walking distance of Historic Downtown Mystic, the portfolio benefits from stro
Exceptional opportunity to acquire a thriving six-unit short-term rental portfolio in the heart of Mystic, Ct. Offered as three well-maintained buildings with six guest accommodations, this turnkey hospitality operation provides immediate income in one of New England’s most desirable coastal destinations. Located within walking distance of Historic Downtown Mystic, the portfolio benefits from strong year-round demand driven by waterfront attractions, acclaimed restaurants, boutique shopping, marinas, entertainment venues, and a vibrant tourism economy. Guests enjoy convenient access to Mystic’s most popular destinations, helping drive occupancy and repeat visitation. The portfolio includes six thoughtfully appointed accommodations across three separate buildings, creating multiple revenue streams and operational flexibility. The properties have been carefully maintained and are positioned for continued success under new ownership. Unlike traditional multifamily investments, this offering represents an established lodging business with immediate cash flow and future growth potential. The combination of location, scale, and guest appeal creates a rare opportunity to acquire a hospitality asset in one of Connecticut’s premier tourism markets. Whether expanding an existing portfolio or entering the short-term rental industry, this unique Mystic offering delivers proven income, operational flexibility, and long-term value. Financial and operational information availabl
  • Property type

    Apartment

  • Year built

    1910

  • Price/sqft

    $705

Features

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9 School (4 And 6 School Place)(mystic) Street, Stonington, CT 06355, Groton, Connecticut, United States View on Google Maps
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Mel Guerrero

Joined 5 years ago
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Mel Guerrero
Connecticut, United States
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1
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2024
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William Pitt Sotheby's International Realty
William Pitt Sotheby's International Realty
41 Williams Ave., 06355, Mystic, Connecticut, United States
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Last updated
August 7
First listed
Aug 7
Listing link
Listing reference
89DZ32
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