Situated on a quiet, tree-lined street in the historic Montford district of Asheville, A Bed of Roses was built at the end of the Victorian era by Oliver Davis Revell, and meticulously renovated in 2002. Tastefully decorated and highly popular, this inn provides guests with a choice of accommodations: 1 suite, 4 rooms with fireplace and double whirlpools. Period styled working gas fireplaces in guest rooms and double whirlpools are very popular, adding enjoyment for the guests and revenue enhancement for the inn owner. The favorable asking price of $998,000 (offered totally turn-key), coupled with the location, successful history and profitable business model, is certainly worth consideration by prospective buyers. A Bed of Roses Bed & Breakfast has excellent occupancy (over 75%) which has the end result of high revenue (averaging over $200,000 the past three years). Ideally located to the vibrant Asheville downtown, this lovely inn has much to offer, including the owners cottage only steps from the inn and private off-street parking. For your guests, A Bed of Roses offers the sizzle for the B & B experience and strong business for the owners. Ashville is a terrific tourist city and is well traveled year-round, in fact the Inn's occupancy during 2006 first quarter was over 50%. In addition to the mentioned features the inn also offers the following: > central heat and air > beautifully landscaped > new scalloped roof > cable TV > lawn sprinkler system > house newly painted w/seven colors The Innkeeper is the owner/broker. Conventional financing is requested.
Details
- Built in 1897
- 12 years as B&B
- Last renovation in 2007
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- 5 Guest Rooms
- 5 Guest Bathrooms
- 3400 sq ft
- Lot size: 0.30 acres
- Has owner's quarters
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- $998,000
- 79% annual. occ. rate
- $150.00 avg daily rate
- $235,000 gross revenue
- $47,000 room revenue
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Listing Agent
Chris Ortwein - Owner/Broker
135 Cumberland Avenue
Asheville, NC 28801
Phone: 1.828.273-0365
email: cortwein@gmail.com
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Location
135 Cumberland Avenue Asheville, NC 28801
Photos (click to enlarge)
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