Stomp Capital Acquires Hotel In Southampton For $17M
New York
See Similar DealsStomp Capital Acquires Hotel In Southampton For $17M
1655 County Road 39, Southampton, New York 11968, United States
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Located at 1655 County Road 39 in Southampton, this 40-acre hotel property was recently sold in a transaction facilitated by Anthony Cerio of Brown Harris Stevens. The property was acquired by Stomp Capital, represented by Richard Fertig, for a sale price of $17,000,000. The seller, Hampton Resorts LLC, handed over the keys to 62 hotel rooms.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $17,000,000
- Market: Southampton
- Address: 1655 County Road 39
- Seller: Hampton Resorts LLC
- Buyer: Stomp Capital - Richard Fertig
- Broker: Anthony Cerio - Brown Harris Stevens
- Acres: 40
- Keys: 62
- Price per Key: $274,193
Richard Fertig of Stomp Capital played a key role in acquiring this hotel property in Southampton. The transaction was successfully facilitated by Anthony Cerio, a representative from Brown Harris Stevens. The 40-acre property, with 62 hotel rooms, offers a lucrative investment opportunity in the bustling market of Southampton.
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