Named “Best of Cape Cod” for Fourteen Consecutive Years, Linger Longer by the Sea Comprises Main House with six apartments and Seven Cottages – all Updated and Refurbished – in Coveted Location
(Brewster, MA…. August 9, 2022) Beach grass, graceful dunes, great beaches…it’s no wonder Cape Cod has been a top vacation destination for decades. Now, one of its prized properties, Linger Longer by the Sea, has come on the market and investor interest is expected to be acute.
According to Matthew Bordwin, Principal and Co-President of Keen-Summit Capital Partners, LLC, which with Sotheby’s International Realty, Inc. is marketing the 2.4-acre beachfront property: “This is a rare opportunity to purchase one of the few, truly attractive, income-generating properties on the Cape.” The offering price is $10.9 million.
Linger Longer, with its 12,666 total square footage, includes seven cottages and a large 4,208 square foot main house with six apartments (a mix of studio, one-and two-bedroom apartments), is located on the white sandy shores ofCape Cod Bay at 261 Linnell Road in Brewster, about midway up the Cape. All of the buildings are in prime condition with new kitchens, baths, and central air conditioning. Cape Cod magazine has named Linger Longer the ‘Best of Cape Cod’ for 14 years in a row.
At the end of a quiet lane, Linger Longer by the Sea has attracted family vacationers, visitors from abroad, young couples, and retirees since the very beginning. “Meticulously maintained, this turn-key rental property has been in the same family for almost 70 years. Coupled with the lovely breezes, white sand on their private beach, proximity to nearby bicycle-only trails, and the chance to explore the tidal flats, this property is truly enticing,” Bordwin explains.
He says that alsoincluded in the purchase are beach frontage and the business in its entirety. For more information and to view the images, please visit https://bit.ly/3bfGNco or call Mr. Bordwin at (646) 381-9202.
261 Linnell Landing Road (Frontage on Cape Cod Bay), Brewster, MA
Seven cottages, six sea-side apartments on 2.42 acres with frontage on Linnell Landing Beach: Combined for 27 bedrooms;19 baths;12,659 SF •$10.9 million
• Windward –1,068 sq. ft., 3 bedrooms/2 bath
• Be Calmed –1,068 sq. ft., 3 bedrooms/2 bath
• Sea Mist –1,159 sq. ft., 3 bedrooms/2 bath
• Leeward –1,116 sq. ft., 3 bedrooms/2 bath
• Bay View –2,312sq. ft., 3 bedrooms/3 bath
• Crow’s Nest –1,056 sq. ft., 2 bedrooms/1 bath
• The Dunes –672 sq. ft., 2 bedrooms/1 bath
Waterfront Apartments (6 Units) 4,208 sq. ft.
• APT 1 –2 bedroom / 1 bath
• APT 2 –1 bedroom / 1 bath
• APT 3 –2 bedroom / 1 bath
• APT 4 –2 bedroom / 1 bath
• APT 5 –Studio / 1 bath
• APT 6 –1 bedroom / 1 bath
About Keen-Summit Capital Partners, LLC
Keen-Summit Capital Partners LLC is a real estate brokerage, workout and investment banking firm specializing in special situations, restructurings, bankruptcies and receiverships, with offices in Manhattan and Melville, NY and Chicago IL. Keen-Summit Capital Partners LLC represents property owners, retail and commercial tenants, commercial and industrial businesses, investors, developers, and creditors across various industries. Clients benefit from its reputation for excellence and integrity, extraordinary industry experience, in-depth market knowledge, time-tested business approach, deep industry relationships, workout and bankruptcy expertise, and 40 years of exceptional execution capabilities. For more information about Keen-Summit Capital Partners, call 646.381.9222 or visit www.keen-summit.com