Lambert's Cove Inn — Sale in West Tisbury, MA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: West Tisbury, MA 02575
Photos
Investment Figures
- Cap rate
- 9.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Lambert’s Cove Inn & Resort is an upscale hospitality asset in West Tisbury, Martha's Vineyard, operating as a 15-room boutique hotel spread across a historic farmhouse, restored stable, and barn. The property generates three distinct revenue streams through its luxury lodging, the high-end Woods restaurant (seating up to 70–80 guests), and its status as a premier wedding venue featuring an English Garden and Great Lawn. The 8-acre estate is being offered for sale with a brand-new 5-year triple-net (NNN) lease yielding $55,000 per month, providing a stable passive income opportunity for an investor while the operator manages the day-to-day hospitality and event services. Investment Highlights: • Lamberts Cove Inn is a three-tier reveneue property including a 15-room Hotel, a find-dining restaurant and a popular wedding venue on Martha's Vineyard, Massashusetts • The property operates on a 5-year NNN (triple-net) lease at a 9% cap rate for 5-years. The current property managers operate all three businesss' for the site. • Martha's Vineyard is a national landmark location with historically high demand from all over for vacation, dining and wedding venues.
Market Context
This retail in West Tisbury, MA is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in West Tisbury, MA — view the full market.
Contact
- Matt Pierce · (617) 896-7214 · matthew.pierce@marcusmillichap.com
- Robert Damigella · (617) 896-7223 · robert.damigella@marcusmillichap.com
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