Heavenly View Farm Inn $450,000

Fully equipped Bed & Breakfast - ready for Business!! Operated as B & B for the past 2 yrs. per Seller. The Farm is registered w/the State of KY as an Herb Farm as well as being part of the KY Proud Product Marketing. Good Development potential. The University of KY Tourism Dept. has conducted a research project on this property & region. 1810 Property with beautiful woodwork & fireplaces & in an area with great views. House/Inn has undergone a series of renovations since 1990 and in working order for operation. Features: 4 bedrooms, 3 baths. Unique charm is its location and views. Sits on about 3.5 acres among fields of corn and grazing horses.. Mt. Sterling is developing rapidly and is in great need of an Inn for several reasons: Guests, meeting places for church gathering and weddings. The town has a charming red brick downtown with history and much charm (last town to be discovered in Lexington vicinity.) Between the Horse Capital and the Red River Gorge, the area has a lot of attractions. Seller financing available to qualified person (some restrictions apply). Visit the web site for more details: http://heavenlyviewfarm.com

Details

  • Built in 1810
  • 2 years as B&B
  • Last renovation in 2006
  • MLS #810173
  • 4 Guest Rooms
  • 2 Guest Bathrooms
  • 5 Parking Spots
  • $450,000
  • $100.00 avg daily rate
  • $130,000 gross revenue
  • $80 room revenue

Listing Agent

Christine E. McDonald, Coldwell Banker McMahan
920 Bypass Road
Winchester, KY 40391
Phone: 859-227-1354
 email: cmmcdonald@aol.com

Location

5641 Spencer Road Mount Sterling, KY 40353

Photos (click to enlarge)

Operating as a Bed & Breakfast/Inn for the past 2 yrs. under the name, Heavenly View Farm Inn. Excellent statistics and interest. Room rentals available but could also generate income through private events such as club & community gatherings, weddings, brithday pkgs. and catering... 1810 Era property w/beautiful woodwork & fireplaces. House/Inn has undergone a series of renovations since 1990. 4 bdrms., 2 1/2 baths, large dining room and fully equipped kitchen.

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One (1) $100 promotional code will be provided for gift card orders of $200 or more, through December 25, 2008, while supplies last. Promo codes for qualifying orders can be found on the gift card confirmation page immediately after purchase. Promotional codes will be valid on future online reservations of 4 nights or more made directly with BedandBreakfast.com between January 1, 2009 and July 1, 2009. Travel must be completed by December 31, 2009. This promo code cannot be combined with any other offer, discount, or promotional code.

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