Ahern's Belle of the Bends $549,000

You can live your dream in Vicksburg’s Number One ranked bed and breakfast mansion and tour home located in the historic Riverview Garden District. Vicksburg is rich in civil war history and quaint small town southern hospitality situated on the Mississippi River and is home to the best preserved civil war battlefield in the nation. The history and the Mississippi Delta are rich in culture and Vicksburg is situated on the "Blues" Highway from Memphis to New Orleans. Art Galleries, fine dining and shopping within walking distance to downtown.
This 5 room bed and breakfast is an architectural gem with beautiful Bavarian plaster crown moldings, gold leaf moldings and cypress moldings around all the windows and doors that is unique to this magnificent home. Heart of pine wood floors throughout. Situated on a bluff overlooking the Mississippi river, this Bed and Breakfast is noted for its stunning beauty, outstanding service, luxurious accommodations and excellent breakfasts.

Property description
The 6510 sq ft, all brick Italianate mansion is one of the best preserved historic homes in Mississippi and is nestled on a bluff with lovely views of the Mississippi River , one of the very few B&B's in Vicksburg that boasts lovely Mississippi river views, on 6/10ths of an acre of manicured gardens, a formal brick parterre garden, century old Magnolias, Azaleas and Camellias all surrounded by stately wrought iron fencing. Private, gated, concrete, 8 space well lit, off street guest parking... a 600 sq ft. income producing gift shop with large storage room sits atop a 2 car garage. There is also a 2 car carport. There are 5 guest rooms, all located in the mansion, with lovely private baths, central HVAC units in each room which is a huge factor for guests who want to control the temperature in their room.
There is a formal parlor, dining room, kitchen, 2 formal foyers, wrap around upper and lower verandahs, main floor powder room and guest laundry room.
A unique feature of this home is a 1700 sq ft, loft on the 3rd floor with dormers and exposed brick walls that offer the innkeepers complete privacy yet easy accessibility to all guests. It is a home within a home and offers so much more than just "a room" off of the kitchen for the innkeeper to live in. Great room, dining room, kitchenette, master bath, 2 bedrooms, lots of storage and a laundry room complete this very private peaceful space. There is also a private business office on the 2nd floor accessible from the 3rd floor loft that is used as a business office or non conforming 3rd bedroom. The 3rd floor loft would also be perfect as an income producing long term rental unit.

Business Description
Very well established bed and breakfast business since 1991, the current owners have elevated the status of this business to its number one ranking in Vicksburg based on Trip Advisor traveler reviews for 9 consecutive years and hold the highest 5 star rating. They have also established a quaint, free standing gift boutique located on the grounds of the home that is a great income producing asset to the business. In addition to the bed and breakfast and gift boutique, it is one of the most popular tour homes in the city due largely in part to its rare beauty and outstanding street appeal. There is a solid "walk up" business as well due to the impeccable curb appeal.
There is great potential to establish a wedding and special event venue as well as a small restaurant or tea room. The income producing possibilities are endless and you only need to bring your entrepreneurial spirit home!
The innkeeper has chosen not to operate the inn to its full income capacity due to travel. The "bottom line" could be increased significantly with full time operation.
Offered turnkey-includes all antique($112k) parlor furnishings dining room furnishings, guest room furnishings, main floor foyer furnishings, all outdoor wicker porch furnishings, wrought iron Gazebo, statuaries gift shop inventory at time of closing, china, crystal, flatware all linens, private label amenities, printed materials, website, business name and reputation, all printed materials.
(Exclusions – list available to interested parties)


Special Considerations:
Halfway between Dallas and Atlanta and Memphis and New Orleans
45 minutes from Jackson, MS/international airport
Business name begins with "A" and places the Inn first, alphabetically.
Innkeeper training available
Past guest reservation list
Vicksburg and Mississippi Historic Landmark
Ample street parking for special events
6/10 acre Corner lot with Mississippi River View and beautiful gardens and nature area
Convenient Fine Dining restaurant across the street
Outstanding Owners Quarters
2 car garage
Very well respected within the community.
Offered for sale by owner.


Terms /asking price
$549,000.00/turnkey- furnishings included
or real estate only $469,000.00
Conventional/cash
buyers must have good credit and cash down payment and show solid financial capability
Financials will be shared once proof of financial capability is proven and a signed non disclosure statement is completed.




Occupancy

44-49%
ADR $150
Gross Revenue $100,000 -$132,000
Revenue/Room $25,250
Terms & Asking Price: Cash. Conventional loan.
Asking Price $549,000 turnkey $469,000.00 real estate only




For Sale by Owner
Mary and Dan Lee
508 Klein Street
Vicksburg, MS 38180
601- 634- 0737 cell 601-415-1709
e mail: info@belleofthebends.com
www.belleofthebends.com


Details

  • Built in 1876
  • 23 years as B&B
  • Last renovation in 2012
  • For Sale By Owner
  • 5 Guest Rooms
  • 5 Guest Bathrooms
  • Lot size: 0.60 acres
  • 8 Parking Spots
  • Has owner's quarters
  • $549,000
  • For Sale By Owner
  • 49% annual. occ. rate
  • $150.00 avg daily rate
  • $132,000 gross revenue
  • $25,000 room revenue

Listing Agent

Mary Lee
508 Klein Street
Vicksburg, MS 39180

Phone: 601 415 1709
email: marylee@cablelynx.com


Location

508 Klein Street Vicksburg, MS 39180

Photos (click to enlarge)

Ahern's Belle of the Bends night photo showcasing the double verandahs and all brick Italianate architecture
Majestic 3 story Bed an Breakfast sits proudly on 6/10 acre of beautiful grounds Back yard and portion of concrete guest parking area
Private, automatic gated concrete driveway/guest entrance old brick path to nature area of grounds
grand dining room looking toward the parlor Queen Suite with queen and full size bed
King Suite exquisite parlor with plaster crown molding and arched cypress woodwork
queen guest room income producing gift shop
1700 sq ft owners quarters guest room
owners quarters dining room to bedroom main kitchen with gas stove, 2 ovens, 2 refrigerators, dishwasher and view of gardens

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