Meadows Inn Bed & Breakfast $897,000

Meadows Inn Bed & Breakfast $897,000.00

Property Description

An antebellum home opened its doors in 1980 as New Bern's
premiere Bed & Breakfast. Steps away from the Neuse and Trent
rivers and downtown shops, restaurants and attractions.

This beautiful Inn has been restored to offer spacious rooms
reflecting the diverse cultures of the area and includes the
modern amenities of today. Inn is 5200 sq. ft. with 10 rooms
that offers 8 guests rooms, 8 baths, two large common areas
utilized for small meetings, luncheons, retreats and reunions,
Updated kitchen and appointed guest rooms with private bathes.

This quaint town will celebrate its’ tri-centennial in 2010.
Wooded lot with off street parking for 8-10 cars surrounded by magnolia,
pecan trees and blooming camellias, roses and perennial garden.

Business description

Perfect lifestyle initial investment providing not only your
very own business and private home, but a rewarding job in the current economy.
Documented growth and property appreciation. Turnkey
operation includes real estate, business name, credit card
machine, furniture, linens, kitchen/cooking equipment,
marketing sites, website, webervations, quick books, and
future bookings. Extended training available to new owners.
Financials, occupancy & income details to qualified
prospective buyer, after initially showing and signing a confidentiality statement. Areas of revenue include guest rooms, small weddings, specialty packages,
luncheons and dinners and cottage extended stay rental.

Private innkeepers cottage with 1200 sq. ft. of living space includes:
family room/kitchen + working fireplace, office & 1/2 bath on the
first floor. Two bedrooms & private baths on second floor.

Purchase both now for $897,000 & furnished turnkey or purchase the Inn
first at $697,000 and rent the cottage for 2 years, with the option to
purchase within two years at updated market value.

http://www.meadowsinn-nc.com/


Details

  • Built in 1847
  • 29 years as B&B
  • Last renovation in 1980
  • For Sale By Owner
  • 8 Guest Rooms
  • 8 Guest Bathrooms
  • 5200 sq ft
  • 10 Parking Spots
  • Has owner's quarters
  • $897,000
  • For Sale By Owner
  • 30% annual. occ. rate
  • $129.00 avg daily rate
  • $90,000 gross revenue

Listing Agent

John & Betty Foy
212 Pollock Street
New Bern, 28560

Phone: 6341776
email: meadowsinnbnb@earthlink.net
Meadows Inn B & B

Location

212 Pollock Street New Bern, NC 28560

Photos (click to enlarge)

Inn Front with Tulip Tree in Bloom.
INNKEEPERS COTTAGE Breakfast Room
Gathering Room # 7 Josephine Room, Most popular room for those special occasions.

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