Graystone Manor of Wilkesboro $625,000

Elegant Stone Manor nestled into the foothills of the Blue Ridge Mountains. Overlooking the peaceful town of Wilkesboro, NC. Enjoy the quiet atmosphere yet close to all shopping, walking paths, rivers, lakes and more. All shopping for your guests are within walking distance. The best of all worlds here! Looking to buy - book a room and see for yourself. Caution!! You may never want to go home again... Priced to move quickly. Property assessed for insurance at 1.5 million. This is really a steal! No possible competition..This is absolutely the best location bar none. Visit the virtual tour at .GraystoneManorBandB, click on the accommodations button and select the virtual tour link on the top of the page. Only B&B locally. No other possible locations exist to create any competition. Home is in Historical District - ties to the Duke University Stone Masons. Surrounded by Antique Stores, Museums and more within walking distance of downtown. Sleep Number beds will remain with the home (except 1 king). Does not include the bed or bedroom furniture. Inventory of furnishings negotiable for purchase. Widely advertised, commercial master available, promo ads and programs ongoing. Comes with many bookings for 2008. Work it as hard or little as you want - really up to you! Ski lodges and entertainment nearby. Cash/Conventional Loans. May consider trade on part of the purchase for a small 30 acre farm with 2500 sq ft home and barn. Must be in Wilkes County, NC and near Wilkesboro. (1031 exchange) not to exceed 200,000.00 in value on farm trade. Willing to remain until May 2008 to operate Inn for new owners or train new owners into business. (Negotiable terms.)

Details

  • Built in 1951
  • 2 years as B&B
  • Last renovation in 2005
  • 5 Guest Rooms
  • 2 Guest Bathrooms
  • 5200 sq ft
  • Lot size: 1 acres
  • Has owner's quarters
  • $625,000
  • 65% annual. occ. rate
  • $115.00 avg daily rate
  • $15,000 gross revenue
  • $3,750 room revenue

Listing Agent

Charles Johnson
201 W. Main Street
Wilkesboro, NC 28697

Phone: 1.336.838-1350
email: cjoh031945@aol.com

Location

406 Woodland Blvd Wilkesboro, NC 28697

Photos (click to enlarge)

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