Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale The Veranda House Hotel Collection, two adjacent boutique hotel properties located in Nantucket, Massachusetts. The Collection consists of the 18-room Veranda House and the 11-room Chapman House. Both hotels for sale benefit from contemporary interior design and an ideal in-town location, just steps away from pristine beaches, world-class restaurants, high-end boutiques, art galleries and historical landmarks. The Veranda House Hotel Collection offers investors the rare opportunity to acquire two award-winning boutique hotel properties located in New England’s most sought-after luxury tourist destination.
Nantucket is an under-supplied, high-barrier-to-entry hotel market allowing existing hotels to achieve strong operating results. Investors will benefit from multiple value-enhancement opportunities to further drive performance over the long term. Offers will be considered on each individual property as well as the entire collection.
With a rich history dating back to 1684, the Veranda House is a luxury boutique hotel with 18 guest rooms and suites, each with a king or queen bed and a private bath. The award-winning boutique hotel underwent a comprehensive renovation in 2007 and features a three story, wrap around veranda offering sweeping views of Nantucket Harbor and the property’s lush gardens. The hotel for sale is situated on .19 acres at 3 Step Lane.
The Chapman House is a boutique bed and breakfast with 11 guest rooms and suites. The property was built in 1830 and renovated and redesigned in 2012. The hotel for sale’s innovative design benefits from vibrant colors as well as hip and stylish features. Chapman House is situated on .13 acres at 20 North Water Street.
The Veranda House Hotel Collection is being offered unencumbered by both brand and management, offering investors complete flexibility in terms of ongoing operating strategy. Investors can continue to operate the properties as-is or evaluate multiple value enhancement opportunities. For more information on these hotels for sale or other commercial properties for sale in the Northeast, please contact Denny Meikleham, Alan Suzuki or Matt Enright. To view current real estate investment sales listings, please click here to view HFF’s property search page.