$2,925,000

The Central Downtown Inn & Suites

Muroff Hospitality Group presents The Central Downtown Inn & Suites, located in the heart of Pittsfield, Massachusetts, in the beautiful Berkshires.  Nestled in a region known for its vibrant arts, stunning natural beauty, and year-round cultural attractions, this property is positioned in a Federal Opportunity Zone, offering significant tax advantages.  Originally built for residential use, it has the potential for conversion.  Easily managed with minimal staff and high occupancy, it can be run remotely or by an owner-operator. This is an ideal opportunity to enter the extended stay market in a bustling cultural hub of the Berkshires. The Berkshires has so much to offer, and the Central Downtown is a great spot to unwind after enjoying the culture and activities in Lenox, Stockbridge, Tanglewood, & Lee.

Click here for non-disclosure

Details

Price : $2,925,000
Property Type : Extended Stay Hotel
Purpose : Buy
Status : Available
Address : 20 W. Housatonic St. Pittsfield, MA
State : MA
Zip Code : 02101
City : Pittsfield
Property ID : 1379250

Attachments

Features

26 Units: King, Queens and Double Suites; full kitchens in all Suites.
Close to Tanglewood, Stockbridge, Lenox and Lee in the Berkshires!
Condo-like apartments, ideal for a week, month or a year!
Excellent customer mix: business, leisure, transient and senior.
High occupancy & solid rates; strong sales & marketing potential.
Great opportunity for first time buyer or to add to hotel portfolio.

Find on Map

Get Directions
Mitch Muroff
I consent to have this site collect my Name, Email, and Phone.

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms