Stomp Capital Acquires Hotel In Southampton For $17M

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.