Pecan Tree Inn $1,500,000

A magnificent 150-year-old Victorian in the heart of historic Beaufort, one of the East Coast's favorite seaside resort towns. Just a few steps from the yacht harbor and several outstanding restaurants. Property includes an extra building lot currently used for an extensive garden plus parking. This is an investment as well as a successful business. Beaufort property has experienced extraordinary growth in value. Condominium conversion or retail/residential mix are possible. Meanwhile, demand for B&B accommodations is very strong. Occupancy averages 51% year-round, 80% in summer. The inn is offered as a going concern, fully furnished and equipped, including an outstanding website and extensive customer base. Price recently reduced.

Details

  • Built in 1865
  • 17 years as B&B
  • Last renovation in 1991
  • 7 Guest Rooms
  • 8 Guest Bathrooms
  • 8 Parking Spots
  • Has owner's quarters
  • $1,500,000
  • 51% annual. occ. rate
  • $139.00 avg daily rate
  • $154,300 gross revenue
  • $154,300 room revenue

Listing Agent

Eddy Myers
131 Middle Lane
Beaufort, NC 28516
Phone: 1.252.2412205
 email: joann@eddymyers.com

Location

116 Queen Street Beaufort, NC 28516

Photos (click to enlarge)

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