Lexington-based hotel investor Jamson Management added a recently renovated motel on Cape Cod to its portfolio with the acquisition of the Parker Beach Lodge for nearly $3 million.
The seller, Boston-based Horizon Engagement LLC, paid just under $1.5 million for the property in September 2020. The firm lists tech investor Semyon Dukach as manager.
The property at 192 South Shore Road contains 50 rooms and recently underwent a renovation project in 2021 and 2022, placing it in turnkey condition for the new owners, JLL announced.
JLL’s capital markets team represented the seller. Jamson Hotel Management will operate the property.