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150 Bay View DrJamestown, RI 02835
Formerly Club Wyndham Newport Overlook
Asset ClassHotel & Hospitality, Multifamily
# Units19
Year Built: 1981# Buildings: 3AVG SF: 1,200Access Data Room
Offered Fee Simple, Free of Brand & Management Agreements
overview of deal

Overview

Following coordination with individual homeowners’ associations, this asset, formerly operated as Club Wyndham Newport Overlook, will be offered for sale through Hilco Global.

 

Located in Jamestown, Rhode Island, on Bay View Drive, this property is comprised of 19 two-bedroom residences, averaging 1,200± SF each and a total of 22,800± SF of NRA on 4.08± AC. The units are characterized by spacious floor plans, private entries and panoramic water views providing opportunities for conversion into a luxury condominium or vacation rental community. Approximately two miles from the Claiborne Pell Bridge and downtown Newport, the property benefits from access to one of New England’s strongest tourism and second-home markets, offering flexibility for investors evaluating multiple exit strategies, including condominium conversion, market rent housing or short-term rental operations.

 

Offers are due by July 22. On-site inspections will be held on June 4, 18 & July 9, by appointment only.

 

Hilco Global is accepting offers of Newport Overlook in its entirety. Concurrently, SERHANT has been engaged to market individual condominium units within the property.

 

Prospective buyers interested in acquiring individual units should contact Hillary Olinger at (401) 225-1705 and hillaryolinger@serhant.com, or Dominique Frazier at (781) 330-1122 and dominique.frazier@serhant.com.

 

Subject to approval by U.S. Bankruptcy Court District of Rhode Island Case No. 25-11000 (JAD) In re: Newport Overlook Association, Inc.

Access the Data Room

Investment Highlights

Year Built
1981
# Buildings
3
Square Feet
22,800
# Units
19
Land
4.08 Acres
AVG SF
1,200

LOCAL INFORMATION

 

Jamestown is an upscale coastal community on Conanicut Island in Narragansett Bay, directly connected to Newport via the Claiborne Pell Bridge. Known for its scenic coastline, boating culture, and preserved village character, the area attracts affluent second-home owners and leisure travelers seeking a quieter alternative to Newport. With limited new development and strong year-round housing stability, Jamestown remains one of Rhode Island’s most desirable and supply-constrained waterfront markets.

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150 Bay View DrJamestown, RI 02835
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