Aries Living Acquires Apple Tree Inn Hotel In Lenox, MA For $2.7M
10 Richmond Mountain Road
39,000 SF
Summary
The Apple Tree Inn, a renovated landmark hotel located at 10 Richmond Mountain Rd in Lenox, MA, has been sold in a recent transaction. The hotel, situated across 22 acres in the Lenox district of the Berkshires, offers thirty-four Victorian-inspired private rooms. With its close proximity to both New York City and Boston, the inn attracts autonomous travelers looking for a retreat surrounded by natural beauty. The Ostrich Room, located within the inn, hosts live musical performances five nights a week, adding to the cultural experience. The sale of the Apple Tree Inn was facilitated by broker James Nugent.
Summary of transaction details
- Property Type: Hotel
- Address: 10 Richmond Mountain Rd, Lenox, MA
- Market: Lenox, MA
- Keys: 34
- Price Per Key: $79,412
- Sale Price: $2,700,000
- Square Footage: 39,000
- Price Per Square Foot: $69
Aries Living, a hospitality company specializing in personalized, service-oriented accommodations, has acquired the Apple Tree Inn as part of its expansion plans. The company, known for its high-tech, short-term stay model, is venturing into the unique hospitality experience provided by the inn. This acquisition adds to Aries Living's portfolio, which already includes three boutique-style hotels in Miami: Villa Paradiso, Ithaca of South Beach, and Treehouse. Founded in 2015, Aries Living is focused on creating a collection of properties that cater to creatively-minded and environmentally-conscious individuals seeking style, comfort, and inspiration in their getaway destinations.
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