Westport Capital Partners Acquires Hotel In Chelsea, MA For $20.6M

The Hotel located at 200 2nd St in Chelsea, MA has been sold in a transaction dated July 12, 2022. The property, consisting of 105 keys, was acquir### in a sale for a total price of $20,600,000. The buyer, Westport Capital Partners, purchased the hotel from Seneca Hospitality LLC.

Summary of transaction details:

• Property Type: Hotel
• Sale Price: $20,600,000
• Transaction Date: July 12, 2022
• Address: 200 2nd St, Chelsea, MA
• Market: Chelsea, MA
• Keys: 105
• Buyer: Westport Capital Partners
• Seller: Seneca Hospitality LLC

This transaction marks the successful acquisition of the hotel by Westport Capital Partners, a prominent player in the real estate market. The sale of the property not only represents a significant investment for the buyer but also demonstrates the ongoing activity and growth in the Chelsea, MA market.