Sold October 7, 2008 for $5.8 M by Chuck Carey
International Inn - Cuddle & Bubble - 662 Main Street, Hyannis Cape Cod, MA
The sale was arranged by Chuck Carey, Carey Commercial. Financing arranged by Eric Bancroft of The Community Bank and Matt Collins of Granite State Development who were both represented by Theodore A. Schilling, Esq. of Centerville. Michael J. Princi, Esq. of Hyannis represented the buyers.
Sold 10-07-08 from ABR Trust to Ocean Hospitality Group, LLC.
The property was last sold in 1985 to Arthur Rittel who created the distinctive "Cuddle and Bubble" theme and consistently renovated the rooms into ever- increasingly dramatic suites many of which had 15 inch crown moldings, victorian furniture, huge flat screen TV's, columned bathrooms and four post beds. The number of rooms actually decreased over the years as the number and size of the suites increased. All rooms have a jacuzzi.
The 3.17 acre property is in the Hyannis Growth Incentive Zone which means it is exempt from the Cape Cod Commission.
Contact: Cecelia Carey
Phone: 508.790.8900 ext. 15
Email: cecelia@careycommercial.com
The information provided herein is gathered from sources we deem reliable. We have no reason to doubt its accuracy but do not guarantee it. Potential Buyer should verify all information prior to purchase. Buyer and buyer's advisors should conduct a careful and independent investigation to your satisfaction the suitability of the business for your needs.