Spectacular! This is not a word we would use lightly, but it is entirely appropriate for this Select Registry Inn. The Inn sits on a bluff high above and overlooking the Mississippi River. Trains that resemble your childhood Lionel set ply the tracks on both sides of the river, clearly seen but not heard. This Inn for sale is located in one of the mid-West’s premier destination locations. The area is very busy in summer and fall, and the Inn abuts a major regional ski area for winter business. The Inn has not yet reached the potential its new facility should achieve, but family considerations dictate a sale at this time. In 2008, the Inn did gross about $800,000.00, but the future should be much stronger. The Inn is priced according to our Valuation at $4,700,000.00.
Details
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- 17 Guest Rooms
- 17 Guest Bathrooms
- Lot size: 20 acres
- Has owner's quarters
- Has a restaraunt
- SPA on site
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- $4,700,000
- 40% annual. occ. rate
- $235.00 avg daily rate
- $800,000 gross revenue
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Listing Agent
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Bill Oates, Inn Consulting Partners
40 High St
PO Box 1162
Brattleboro, VT 05302
Phone: 1.802.257-2360
FAX: 802-257-2368
email: inns@innpartners.com
Innovative Solutions for Current and Future Innkeepers. Individualized services for your needs.
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Location
Overlooking Mississippi River Galena, IL 61036
Photos (click to enlarge)
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